Assume Beta Company had issued the following convertible preferred shares on April 1 2020 which were not included in the financial statements. As at March 31 2021, none of the preferred shares had been converted into common shares.

Preferred shares, $0.1 par value, 10% dividend yield, cumulative in-arrears, issued and outstanding 300,000,000 shares, convertible into 30,000,000 common shares.

Compute the pro-forma basic earnings per share and the diluted earnings per share for 2021 financial year. Round your answers to the nearest $0.01 and show your calculations.