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Waterway inc. had net income for the current year ending December 31,2023 of $954,330. During the entire year, there were 501,000 common shares outstanding. The

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Waterway inc. had net income for the current year ending December 31,2023 of $954,330. During the entire year, there were 501,000 common shares outstanding. The company had two classes of preferred shares outstandingt the Class A preferred shares were $2.29 cumulative shares of which 12.000 were outstanding, and were corvertible to common shares at a rate of 1:1. There were 102,000$5.29 Class B non-cumulative preferred shares outstanding that were also convertible at a rate of 1:1. Waterway had outstanding a $1,000,000,6% bond issued at par in 2012 that was comvertible to 21,000 common shares The compamy also had outstanding a $1,000,000,5% bond issued at par in 2013 that was corvertible to 26,000 common shares. No dividends were declared or paid this year: Waterway's tax rate is 37%. (a) Calculate the income effect of the dividends for the Class A preferred shares. Dividends on Class A preferred shares \$ eTextbook and Media Determine an incremental per share effect for the 2012 bonds. (Round earnings per share to 3 decimal ploces es 15257). (f) The parts of this question must be completed in order. This part will be available when you complete the part aibove

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