Ahnberg corporation had 680,000 shares of common stock issued and outstanding at january 1. no common shares were issued during the year, but on january 1, ahnberg issued 300,000 shares of convertible preferred stock. the preferred shares are convertible into 600,000 shares of common stock. during the year ahnberg paid $180,000 cash dividends on the preferred stock. net income was $2,152,000. what were ahnberg's basic and diluted earnings per share for the year?

Aproduction line has three machines a, b, and c, with reliabilities of .96, .86, and .85, respectively. the machines are arranged so that if one breaks down, the others must shut down. engineers are weighing two alternative designs for increasing the line’s reliability. plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. in either case, three machines (a, b, and c) would be used with reliabilities equal to the original three. a. compute overall system reliability under plan 1. (round your intermediate calculations and final answer to 4 decimal places.) reliability b. compute overall system reliability under plan 2. (round your intermediate calculations and final answer to 4 decimal places.) reliability c. which plan will provide the higher reliability? plan2plan1