An entity issued 2,000,000 additional ordinary shares at the current market price on September 30, 2019 when the stock was listed on the Jamaican stock exchange at $50 per share. On January 1, 2019 the company had share capital of $2,000,000 with par value of $0.50. Other relevant information relating is presented below: 2019 2018 Net profits $1,750,000 $1,500,000 12% Preference share $1,000,000 $1,000,000 Ordinary dividends paid $500,000 $450,000 The preference shares above are irredeemable and were issued in 2019. The financial year runs from January to December. Required: a. Calculate the EPS for 2019 b. Calculate the EPS for 2018