Given below is the equity and earnings Information of QGM Group Limited for the year 2020: Common Shareholders Equity (par value $10) $7.500.000 Additional Paid in capital 1.200,000 7% Convertible bonds (par value $100) $5,000,000 Net profit for the year Preferred Dividends for the year 6,000,000 600.000 (a) What is the Earning Per share for the shareholder of QGM Group Limited for the year 2020? (2 marks) (b) Compute the diluted earnings per share, if the company's 7% bonds are convertible to common shares at one share for two bonds. Assume the same number of common shares throughout the whole year. (2 marks) Qo 7 A