High Profile Software Limited reported a profit after tax of 356 million for the year 201617. The capital structure of the company as on 31st March 2017 is given as follows: (Amount in ) 5,000,000 equity shares of 10 each 50,000,000 1,000,000, 10 per cent preference shares 10,000,000 The company also has 50,000 stock options outstanding. Assume dividends attract a distribution tax at the rate of 15 per cent of dividends paid. a. Calculate the basic and diluted EPS for the company. b. Assuming that out of the above, 2,000,000 equity shares were issued on 1st January 2017 for cash. Calculate the basic EPS. c. What will be the basic EPS if 2,000,000 equity shares were issued as bonus shares on 1st January 2017 rather than for cash