Case: Fluffy Corporation (questions 4-5) Fluffy Corporation has changes in its ordinary shares outstanding for the year 2015, as illustrated in the table below. Date Share Changes Beginning balance Shares Outstanding January 1 210 000 April 1 Issued 27 000 shares July 1 6-for-1 share spilt took place September 1 Purchased 9 000 shares December 31 Issued 15 000 shares Fluffy Corporation has a net Income of 865 980 and a tax rate of 10%. Its only convertible Instruments are 27 000 outstanding warrants (Issued prior to 2015) that can each be converted to one ordinary share at an exercise price of 12. The average fair value of Fluffy's share during 2015 is 20. Calculate the 2015 diluted EPS for Fluffy Corporation, assuming the company uses the If-converted and treasury-share method for warrants. Also assume the resulting shares are subject to the share split on July 1 Provide the numerator and denominator for your calculation of diluted EPS [Round the numerator and denominator to the nearest Integer. If applicable. Round diluted EPS to the nearest cent.) Numerator = Denominator = Diluted EPS = Date Shares Outstanding January 1 Share Changes Beginning balance Issued 27 000 shares 210 000 April 1 July 1 September 1 December 31 6-for-1 share split took place Purchased 9 000 shares Issued 15 000 shares In 2015. Fluffy Corporation has a net income of 865 980 and a tax rate of 10%. Its only convertible Instruments are 27 000 outstanding warrants (Issued prior to 2015) that can each be converted to one ordinary share at an exercise price of 12. The average fair value of Fluffy's share during 2015 is 20. Fill in the table below to calculate the weighted average number of shares used for calculating Fluffy's Corporation ordinary EPS for 2015. [Round the answers to the nearest Integer, if applicable.] Dates outstanding Weighted number of outstanding shares January 1 - April 1 April 1 - July 1 July 1 - September 1 September 1 - December 31 Weighted average ordinary shares outstanding for the year standard function logic vector abc unit