Hi, Ma'am/Sir! Can someone help me to answer this questions? I need a computational and explanation on every question. Thank you! :>

9. On January 2, 20x1, Lang Co. issued at par P10,000 of 4% bonds convertible in total into 1,000 ordinary shares. No bonds were converted during 20x1. Throughout 20x1, Lang had 1,000 ordinary shares outstanding. Lang's 20x1 profit was P1,000. Lang's income tax rate is 50%. No potentially dilutive securities other than the convertible bonds were outstanding during 20x1. Lang's diluted earnings per share for 20x1 would be a. 1.00 b. 0.50 c. 0.70 d. 0.60 (AICPA)10. On June 30, 20x7, Lomond, Inc., issued twenty, P10,000, 7% bonds at par. Each bond was convertible into 200 ordinary shares. On January 1, 20x8, 10,000 ordinary shares were outstanding. The bondholders converted all the bonds on July 1, 20x8. On the bonds' issuance date, the average Aa corporate bond yield was 12%. During 20x8, the average Aa corporate bond yield was 9%. The following amounts were reported in Lomond's income statement for the year ended December 31, 20x8: Revenues 977,000 Operating expenses 920,000 Interest on bonds 7,000 Income before income tax 50,000 Income tax at 30% 15,000 Profit 35,000 What amount should Lomond report as its 20x8 diluted earnings per share? a. 2.50 b. 2.85 C. 2.92 d. 3.50 (AICPA)