The 2017 balance sheet of DG Inc. showed LT debt of $2.0 million, the 2018 balance sheet showed LT debt of $2.3 million. The 2018 income statement showed interest expense of $200,000. What did the firm’s financing section of the cashflow statement show during 2018?

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share