$23\mathrm{.}1$ A company's issued share capital is $2$ million, comprising four million ordinary shares

IAS $33$ of $25$ p each and one million $8\%$ preference shares of $1.$ An extract from the company's

statement of comprehensive income for the year to $31$ March $2016$ is as follows:

Preference dividends of $80,000$ were paid during the year.

Required:

$($a$)$ Calculate basic EPS for the year.

$($b$)$ Recalculate basic EPS for the year on the assumption that the company's profit

after tax includes profit of $50,000$ from a discontinued operation.