J. Bartley Pools Inc. reported the following in its financial statements for the quarter ended March 31, 2020 Common shares (no par value; 45,000 shares outstanding) Contributed surplus Retained earnings December March 31, 2019 31, 2020 $ 45,000 $45,000 27.500 27,500 17,500 17,500 Total shareholders' equity $90,000 $90,000 During the quarter ended March 31, 2020, Bartley reported Net Income of $11,250 and declared and paid cash dividends totalling $11.250. Required: 1. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended March 31, 2020. (Round your Earnings per share answer to 2 decimal place.) Earings per share Return on equity 2. Assume that Bartley repurchases 10,000 of its common shares at a price of $1.75 per share on April 1, 2020. Also assume that during the quarter that ended on June 30, 2020, Bartley reported Net Income of $11,250 and declared and paid cash dividends totalling $11.250. Calculate earnings per share (EPS) and return on equity (ROE) for the quarter ended June 30, 2020. (Round "Earnings per share" to 3 decimal places and Return on equity" to 2 decimal place.) Emmings per share Return on equity 3. Based on your calculations in requirements 1 and 2. what can you conclude about the impact of a share repurchase on EPS and ROE? by chanting company con bol EPS and ROE