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The following information relates to Willowdale Ltd's financial statements for the year ended 31 December 20X6 a On 1 January 20X6, Willowdale's capital structure consisted of the following: . . 461,000 common shares, issued for $5.81 million, were outstanding 61.000 preferred shares bearing cumulative dividend rights of $16 per year $111 milion (par value) of 7% convertible bonds ($1.000 face value) with interest payable on 30 June and 31 December of each year. Each $1.000 bond is convertible into 55 common shares, at the option of the holder, at any time before 31 December 20x11. Interest expensed on the convertible bonds was $85,500 Outstanding options for 55,500 common shares at a price of $15 per share. The average market value of common shares during the period was $20. b. On 30 September 20X6, Willowdale issued an additional 1,000 common shares for $1.61 million cash Willowdate reported earnings of $2.60 million for the year ended 31 December 20x6 net of tax of 30% Required: Calculate the basic and diluted earnings per share figures for 20x6 (Round your answers to 2 decimal places.) 20X6 S 3 34 Bask earnings por share Dited earnings per hero