1 Cox Bhd. has post-tax profits for the calendar years as follows: 20X1 20X2 RM510,000 RM650,000 The company's share capital of RM1,000,000 consists of 2,000,000 50 cent ordinary shares in issue at 1 January 20X1. The company makes the following share transactions in 20X2: 31 May 20X2 1 December 20X2 Issues 800,000 further shares for cash Purchases 250,000 of its own shares for cash Required: Calculate the earnings per share for the year ended 31st December 20X1 and 31st December 20X2