NOTE - This question includes both Famittgs per share and Diluted Earnings per share compiations (a) Below is an exinct frem the Statament of Finascial Positice of Tennis Cnuise Liners De at 31 Derember 2017 Additiceol afismatice 1. The compaty tepaned an operating profit or eqs2 2000 e2,500 of cinveride bente. Reiquired Quraies 3 Whirentaikint plic at 31 Deccurlor 2017 . Adtitional infrimation 23,sco of coeverale hosd. Hequirna (b) A trainee accountant of a subsidiary company of Tennis Cruise Liners ple is seckin advice on how to account for a rights issue per IAS 33 Earmings per Share. On 31 December 2016 and 2017 Souvenirs Galore ple had a capital structare consisting of - 700,000 El ordinary shares; and - 86,00013% preference shares. Net profis for year ended 31 December 2017 was 63,500,000 Net profit for year ended 31 December 2016 was 22,754,000. On 31 Murch 2017, Souseniss Galore ple announced a rights isspe with the following details Rights: 3 new shares for esch 5 beld Iswe price 22.20 The market value of one share in Sicuvenirs Galore ple immistately priar to the ngts issoe war e410 Fequirrd 0) Explain, using caloulations bow the besic carninges per shane of Seuvenin Calone ple will the ealculued. s Thoose Ei andnay ihare and Inies price 93 tiplat inae mas 64 io Heyibred cower comenale bonde Hequint madgr Downter 3ort neth ine men ta if