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Marksman Limited had 10,000,000 ordinary shares outstanding as at January 1, 2019. On July 1, 2019, the company made at one for four bonus issue

Marksman Limited had 10,000,000 ordinary shares outstanding as at January 1, 2019. On July 1, 2019, the company made at one for four bonus issue of the existing shares held. The following information below is relevant: 2019, 2018 Net income $2,800,000, $2,500,000 15% Irredeemable preference shares $10,000,000, $10,000,000 Required: a. Calculate the EPS for the year ended December 31, 2019 b. Calculate the comparative EPS for 2018 that would be presented in the 2019 financial statements

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