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Given the financial statements, calculate the basic earnings per share and the dilutive earnings per...

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Accounting

Given the financial statements, calculate the basic earnings per share and the dilutive earnings per
share for the year ended 2022. Accordingly, find the weighted average number of shares
outstanding, and thereafter, find the basic and dilutive EPS, given that the company also has a
dilutive security represented in 15,000 preferred stocks that pay 40% of the dividends reported in
the income statement and are convertible into two common stocks each. In addition to $60,000 of
4.5% convertible bonds, there is a total of 12,000 common shares. Consider the following
information: (10 marks)Given the financial statements, calculate the basicfollowing
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