Question: Please provide step by step on how to solve, and don't round. Thanks so much!!! Question 5 Not yet answered Marked out of 3.00 P

Please provide step by step on how to solve, and don't round. Thanks so much!!!Please provide step by step on how to solve, and don't round.

Question 5 Not yet answered Marked out of 3.00 P Flag question At December 31, 2015 and 2014, P Corp. had 15964 shares of common stock 1501 shares of 3%, $100 par value convertible preferred stock convertible share for share into common stock Net income for 2015 was $131224 The income tax rate was 31% For 2015, diluted EPS was

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