Question: can someone please help me with this one ASSIGNMENT RESOURCES Problem 16-8 Exercise 16-3 Exercise 16-4 Your answer is partially correct. Try again. The information
can someone please help me with this one 
ASSIGNMENT RESOURCES Problem 16-8 Exercise 16-3 Exercise 16-4 Your answer is partially correct. Try again. The information below pertains to Marin Company for 2018. Net income for the year 7% convertible bonds issued at par ($1,000 per bond); each bond is convertible into Problem 16-8 $1,160,000 30 shares of common stock 2,010,000 Objective 6% convertible, cumulative preferred stock, $100 par value; each share is convertible into 3 shares of common stock Common stock, $10 par value Tax rate for 2018 Average market price of common stock 4,080,000 5,800,000 40% $25 per share There were no changes during 2018 in the number of common shares, preferred shares, or convertible bonds outstanding. There is no treasury stock. The company also has common stock options (granted in a prior year) to purchase 82,100 shares of common stock at $20 per share. (a) Compute basic earnings per share for 2018. (Round answer to 2 decimal places, e.g. $2.55.) Basic earnings per share (b) Compute diluted earnings per share for 2018. (Round answer to 2 decimal places, e.g. $2.55.) Diluted earnings per share
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