Ease Ltd was incorporated on 1 January 200 with share capital of $50,000, comprising 50,000 ordinary shares. During 202, Ease Ltd issued 50,000 share options that enable its holders to buy 50,000 ordinary shares at an exercise price of $3 during the years 203 and 204. As at 31 December 203, none of the options had been exercised. Ease Ltd's profit after tax for the year ended 31 December 203 was $40,000, and the average market price of Ease Ltd's ordinary shares during 203 was $4 per share. What was Ease Ltd's diluted earnings per share for the year ended 31 December 203 ? $0.46. $0.64 None of the listed choices. $0.80. $0.40