Blossom Corporation earned $$2,477,000$ during $2025.$ The company had a weighted$-$average of $500,000$ shares of common stock outstanding. The average market price of common stock was $$29$ per share during the year. The company also had $48,000$ warrants outstanding, of which two warrants could be exercised to purchase one share of common stock for $$27$ in total.

$($a$)$ Are the warrants dilutive?

Yes

$($b$)$ Compute basic earnings per share. $($Round antswer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Basic earnings per share

$

$($c$)$ Compute diluted earnings per share. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Diluted earnings per share