1. Gold Corp earned 2020 net income after tax of $3,500,000 and the number of shares 1,000,000 shares outstanding. Gold corp has an option of 200,000 shares at an exercise price of $20. The current market price of the stock was $25 per share.

2. Silver Corp earned 2020 net income after tax of $5,500,000 and the number of shares 2,000,000 shares outstanding. Silver Corp Silver Corp has convertible debt convertible debt: Convertible debt 12%, issued April 1, 2020 $ 2,000,000 can be converted into 200,000 shares share. Interest expense in 2020 $235,000. Tax rate 30%

Required:

Calculate basic EPS and diluted EPS in 2020!