Bob the Builder was organized on January 1, Year 7, with 400,000 common shares authorized. During Year 7, the company had the following share transactions:

January 1 Issued 150,000 shares at $20 per share

April 1 Issued 50,000 shares at $25 per share

July 1 Issued 50,000 shares at $26 per share

October 1 Purchased 20,000 shares at $10 per share and cancelled them

Net income for Year 7 was $1,000,000. On January 31, Year 8, there was a two-for-one stock split and the financial statements for Year 7 were released on February 24, Year 8.

(1) What is the total $ amount of common shares to be reported at the statement of financial position at December 31, Year 7?

(2) What is the total $ amount of contributed surplus to be reported at the statement of financial position at December 31, Year 7?

(3) What is basic EPS to be reported at the income statement for the year ended December 31, Year 7? Please calculate EPS to the nearest cent (e.g., $7.77).