Question: Problem 1 9 - 1 7 ( Algo ) EPS; options; corvertible preferred; additional shares ( LO 1 9 - 4 , 1 9 -

Problem 19-17(Algo) EPS; options; corvertible preferred; additional shares (LO19-4,19-5,19-6,19-7,19.8,19-9)9000 shares of 5% cumdative preferred thock ( $700 pal colvertible into 90000 common shares.
On Ociober 1.2024, Jeewos soid and issued as additional 16,000 shaves of common mock an $34
A December 31,2024, there weve 28.000 incentive stock opbiom oustanding, insupd in 2023, and exercisable afier one year for 28.000 shares of common stock at an enerche price of $30.
The market pice of the common slock at year end was $48.
During the pros, the pice of the common shaves had avecaped $40
Net income was $920000. The tas rale for the year was 25 x
Arquired
Compube bask and diuned EPS for the year ended December 312024
Note: Do nat round inteomediate calculations. Exept for per where amounth, enter your anowers in thounands (le.e.10,000 should be enteved as 10j. Bound "Larningu per Share' anvwer 5o 2 desimal placen.
\table[[,Numaratar,-,Denominuter,=,Eurings per ahwe],[Bask,8830,t,ra4,*,1,108],[bever,,,,*,,]]
Problem 1 9 - 1 7 ( Algo ) EPS; options;

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