NEED ASAP

Part III Presented below is information related to O'Fish Company. 1. Net Income [including an extraordinary gain (net of tax) of $160,000] $520,000 2. Capital Structure a. Cumulative $8, preferred shares, no par, 6,000 shares issued and outstanding $600,000 b. Common shares, 76,000 shares outstanding on January 1. On April 10, 40,000 shares were issued for cash. On September 16, 16,000 shares were purchased and retired. $1,000,000 3. Other Information a. Average market price per common share during entire year b. Income tax rate $30 30% Required: Calculate basic earnings per share for the current year in accordance with IFRS