A Read a + TD Page view Information from the financial statements of Famous Shoes, Inc., included the following: 12/31/21 12/31/20 Common shares 140,000 140,000 Convertible preferred shares (convertible into 50,000 shares of common) 25,000 25,000 9% convertible bonds (convertible into 35,000 shares of common) $500,000 $500,000 Famous Shoes's net income for the year ended December 31, 2021 is $725,000. The income tax rate is 21%. Famous Shoes paid dividends of $1 per share on its preferred stock during 2021. Required: Computer basic and diluted earnings per share for the year ended December 31, 2021