3. Lestrade has in issue 10,000,000 $1 ordinary shares throughout 2019. During 2019 the company had given certain senior executives options over 2,000,000 shares exercisable at $2.50 at any time after 31 December 2020. None were exercised during 2019. The average market value of one ordinary share during the period was $3.20. Lestrade had made a profit after tax of $2,520,000 in 2019. Required What is the basic and diluted earnings per share for the year ended 31 December 2019