C ple has the following after$-$tax profits for its two most recent accounting periods:

On $1$ November $2013,$ the company's issued share capital consisted of $500,000$ ordinary

shares. On $1$ August $2015,$ the company made a $1$ for $10$ bonus issue.

Required:

$($a$)$ Calculate basic EPS for the year to $31$ October $2015.$

$($b$)$ Calculate restated basic EPS for the year to $31$ October $2014$ and explain why this

restatement is necessary.