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Crane Inc. has 1.10 million common shares outstanding as at January 1, 2020. On June 30, 2020,4% convertible bonds were converted into 95.000 additional shares.

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Crane Inc. has 1.10 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 $ 245,000 after tax. Net income for the year was $ 1,299,709. During the year, the company issued the following: 1. June 30 15,900 call options giving holders the right to purchase shares of the company for $25 2 Sept. 30: 20,900 put options allowing holders to sell shares of the company for $20 On February 1, Crane also purchased in the open market 15,900 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. 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, eg. 15.25.) Basic EPS $ 1.13 Diluted EPS $ e Textbook and Media Show the required presentations on the face of the income statement (Round answers to 2 decimal places, es. 15.25.) Crane Inc. Partial Income Statement Earnings Per Common Share: Basic Earnings Per Share $ Diluted Earnings Per Share $ eTextbook and Media

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