PRINTER Vi OURCEs Additional Problem 2 Splish Corporation had a net income for the current year ending December 31, 2018 of $1,150,000. Throughout 2018 the following items were outstanding: em5 em 5 em9 em 11 . 430,000 common shares 21,000 Class A $3 cumulative preferred shares that were convertible to common shares at a rate of 1:1 54,000 Class B $4 non-cumulative preferred shares that were convertible at a rate of two preferred shares to one common share. $530,000, 8% bonds that were convertible to 17,000 common shares $330,000, 10% bonds convertible to 12,000 common shares Study . No dividends were declared or paid in 2018. Splish's tax rate is 25%. er share. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). (Round answer to 2 decimal places, e.g. 15.25.) Basic earnings per share Calculate diluted earnings per share. (For simplicity, ignore the requirement to record the debt and equity portions of the convertible bond separately). (Round calculations of EPS to 3 decimal places, e.g and provide final answer to 2 decimal places, e.g. 15.25.) . $3.54s