Please show work
Information from the financial statements of Henderson-Niles Industries included the following at December 31, 2018 Common shares outstanding throughout the year Convertible preferred shares (convertible into 36 nillion shares of conmon) Convertible 1e% bonds (convertible into 23.e million shares of conmon) 1ee ei11ion 75 “illion $2,88e illion Henderson-Niles's net income for the year ended December 31, 2018, is $960 million. The income tax rate is 40% Henderson-Niles paid dividends of $3 per share on its preferred stock during 2018. Required: Compute basic and diluted earnings per share for the year ended December 31, 2018. (Enter your answers In millons (l.e., 10,000,000 should be entered as 10).) Numerator Denominator Earnings per share Basic Diluted

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