Problem 1 (15 points) Bramble's net income in 2019 was $295,000, and its tax rate was 30%. The company had 103,000 shares of common slock outstanding throughout 2019. On January 1, 2018, Bramble Company issued 10-year, $2,000,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 15 shares of Bramble common slock. None of the bonds were converted in 2019. Required: Determine basic and diluted earnings per share lo be reported for 2019. Should died earnings per share bo reported fyes or no) and why or why not? Show your calculorions for each earnings per share amount, including the numerator and denominator (Round to 2 decimal places, e.g. $1.55.) x Accom. w Exsm3 por