Wildhorse Corp is preparing earnings per share data for 2023. The net income for the year ended December 31, 2023, was $407,000 and there were 59,200 common shares outstanding during the entire year. Wildhorse has the following two convertible securities outstanding:

10% convertible bonds (each $1,000 bond is convertible into 25 common shares)

4% convertible $100 par value preferred shares (each share is convertible into 3 common shares)

Both convertible securities were issued at face value in 2024. Wildhorse's income tax rate is 24%. The preferred shares are cumulative. For simplicity, ignore the requirement to record the debt and equity components of the bonds separately.

Assume that 40% of the convertible bonds were converted to common shares on April 1, 2023. The balance at December 31, 2023 do not reflect the conversion of April 1, 2023.

Calculate Wildhorse's basic earnings per share for 2023.

Calculate Wildhorse's after-tax interest on bonds converted.

Incremental numerator effect, Incremental Denominator effect and EPS for 10% Bond.

Incremental numerator effect, Incremental Denominator effect and EPS for 4% Preferred Shares.

Rank the potentially dilutive securities from the most dilutive to least dilutive.

Calculate the diluted earnings per share for 2023, using the if-converted method. For simplicity, ignore the requirement to record the debt and equity components of the bonds separately. Provide the figures for: Basic, Bonds, Sub total and Preferred shares: Numerator & Denominator & EPS

Calculate the diluted earnigs per share: