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Brighton Brother Limited is an entity listed on the Jamaican stock exchange. It has a December 31 year end. On January 1, 2019 the company

Brighton Brother Limited is an entity listed on the Jamaican stock exchange. It has a December 31 year end. On January 1, 2019 the company had 10,000,000 stocks listed. On March 31, 2019 the entity decided to make a rights issue of one new share for every four existing shares held when the stock was listed at $2.50 per share for $2 per share. The following information are relevant to the company: 2019, 2018 Net profits $5,000,000, $4,800,000 10% Preference share $10,000,000, $10,000,000 Ordinary dividends paid $1,200,000, $1,800,000 Required: Determine the EPS to be presented in the 2019 financial statements along with comparative figures

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