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Carla Vista Inc. has 1.05 million common shares outstanding as at January 1, 2020. On June 30, 2020, 4% convertible bonds were converted into

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Carla Vista Inc. has 1.05 million common shares outstanding as at January 1, 2020. On June 30, 2020, 4% convertible bonds were converted into 95,000 additional shares. Up to that point, the bonds had paid interest of $225,000 after tax. Net income for the year was $1,299,097. During the year, the company issued the following: 1. June 30: 12,900 call options giving holders the right to purchase shares of the company for $25 2. Sept. 30: 17,900 put options allowing holders to sell shares of the company for $20 On February 1, Carla Vista also purchased in the open market 12,900 call options on its own shares, allowing it to purchase its own shares for $22. Assume the average market price for the shares during the year was $30. (a) Calculate the required EPS numbers under IFRS. For simplicity, ignore the impact that would result from the convertible debt being a hybrid security. (Round answers to 2 decimal places, e.g. 15.25.) Basic EPS $ Diluted EPS $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer

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