amford Bhd has in issue 10 million fally patd ordinary shares, convertible cumulative preference shares. Preference shares are convert ordinary shares which are 50%, paid and RM5 million fully @d7.s into ordinary four ordinary shares. shares at a rate of 5:t, meaning five preference shares become On 1 January x7, the company issued employee shareloptions of 1 million shares. The exercise price wasRMB per share. On 1 April x8, the unpaid capital on the 4 million shares was called up and was fully paid. On 1 July x8, half of the preference shares were converted into ordinary shares. Profit after tax for x7 was RM2 million and for x8 it was RM2.2 million. Average price of one ordinary share was RM5 in x7 and RM7.50 in x8. Tax rate is 25%. Required: for the years ended ompute the company's basic and diluted EPS 31 December x7 and x8 amford Bhd has in issue 10 million fally patd ordinary shares, convertible cumulative preference shares. Preference shares are convert ordinary shares which are 50%, paid and RM5 million fully @d7.s into ordinary four ordinary shares. shares at a rate of 5:t, meaning five preference shares become On 1 January x7, the company issued employee shareloptions of 1 million shares. The exercise price wasRMB per share. On 1 April x8, the unpaid capital on the 4 million shares was called up and was fully paid. On 1 July x8, half of the preference shares were converted into ordinary shares. Profit after tax for x7 was RM2 million and for x8 it was RM2.2 million. Average price of one ordinary share was RM5 in x7 and RM7.50 in x8. Tax rate is 25%. Required: for the years ended ompute the company's basic and diluted EPS 31 December x7 and x8