Intermediate Accounting question

B C D E F G H M N P Company XYZ reported after-tax profit of 6,750,000 million in 20x5. Its capital structure included the following as of December 31, 20x5, the end of the company's fiscal year: Long-term debt: Bonds Payable, due 20x11, 11% 5,500,000 Bonds Payable, due 20x4, 11,000,000 face value, 4% interest payable annually (effective interest rate 9% ) convertible into common shares at the rate of 1 share per $ 100.00 (balance outstanding at 20x4) 8,190,567 8,393,907 Shareholders Equity: Preferred shares, $ nopar, cumulative, convertible into common shares at the rate of 2 common shares for each preferred share, shares outstanding, 175,000 Preferred shares, S 2.75 no-par, cumulative, convertible into common shares at the rate of 1 common share for each preferred share, shares outstanding, 375,000 Common Shares outstanding: 1,550,000 Options to purchase common shars (options have been outstanding all year): Purchase price, 23.00 expire 20x11, 200,000 options 20 Purchase price $ 47.00 expire 20x14, 170,000 options 23 Each option allows the purchase of 1 share 25 Transactions during 20x5: 26 27 On 1 July, 475,000 common shares wer eissued on the conversion of 237,500 of the $ 4.75 preferred shares 28 29 On 1 December, 125,000 common shars were issued for cash. 30 31 Additional Information: 32 33 Average common share price, stable during the year, $ 42.00 Tax Rate 26% 35 Quarterly dividends were declared on 31 March, 30 June, 30 September, and 31 December 36 37 Calculate basic and diluted earings per share for 20x5 38 39 Instructions Part 1 Part 2 Part 3 + LO Type here to search 14 X 199+ 4