in $2022,$ Pharoah Ltd$.$ issued $$46,000$ of $8\%$ bonds at par, with each $$1,000$ bond being convertible into $100$ common shares. the company had revenues of $$73,500$ and expenses of $$42,300$ for $2023,$ not including interest and tax. assume a tax rate of $30\%.$ throughout $2023,1,000$ common shares were outstanding, and none of the bonds were converted or redeemed. $($for simplicity, assume that the convertible bonds equity element is not recorded.$)$

calculate income avilable to common shareholders

ALSO FIND DILUTED EARNING PER SHARE