Bolivar Enterprise Limited currently has 50 million ordinary shares with par value of $2 each on January 1, 2019, but on October 1, 2019, the entity made a two for five bonus issue of shares. At the start of the period, the entity had share premium of $15 million and retained earnings of $65 million. The entity reported net income of $40 million for the period ended 2019. However, net income for 2018 was $38 million. The financial year runs from January to December. Required: a. Prepare the relevant journal entry to record the bonus issue of shares b. Determine the EPS for the period ended 2019 c. Determine the comparative EPS for the period ended 2018 d. Show the shareholders equity after the bonus issue