Illustration 10 PQ Ltd. grants 100 stock options to each of its 1,000 employees on 1-4-2013, conditional upon the employee remaining in the company for 2 years. The fair value of the option is 18 on the grant date and the exercise price is 55 per share. The other information is given as under: (i) The no. of employees expected to satisfy service condition are 930 in the 1st year and 850 in the 2nd year. (ii) 40 employees left the company in the 1st year of service and 880 employees have actually completed 2 year vesting period. (iii) The profit of the enterprise before amortization of the compensation cost on account of ESOPs is as follows: (A) 18,50,000 (B) 22,00,000 (iv) The fair value of share for these years was 80 and 88 respectively. (v) The company has 6 lakhs shares of 10 each outstanding at the end of both years. Compute basic and diluted EPS for both the years (ignore the tax impacts)