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Given the following information, compute Wilco's Diluted EPS for 2022 : Wilco's 10,000 shares of...

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Accounting

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Given the following information, compute Wilco's Diluted EPS for 2022 : Wilco's 10,000 shares of preferred stock can be converted into 50,000 shares of common stock. In addition, Wilco has $1 million of convertible bonds that can be converted into 100,000 shares of common stock. The 2022 interest expense associated with the convertible bonds is $100,000, and Wilco is subject to a 25% tax rate. (Round answers to the nearest cent)

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