1. The company issued 500,000 common shares for $10 a share on January 2, 2020, the date of its incorporation. Another 340,000 common shares were issued for $30 each on March 1, 2020. On November 1, 2020, the company repurchased 60,000 of its own shares.

100,000 warrants were issued for $20 each on April 1, 2020. One warrant permits the owner to purchase one common share of CCC for $30 any time before December 31, 2024. 

On September 1, 2020 the company issued $2,400,000, 5%, convertible bonds at par value. Each $1,000 bond is convertible into 20 common shares.

The average market value of the common shares in 2020 was $40 per share based on private sales of the shares during the year.

No dilutive securities were converted into common shares during 2020.

• Note that the accounting for all of the above items has been done properly.

What are the steps for the fully diluted EPS without knowing Net Income yet? Weighted average number of shares is 773,333.