On 1 January 2015, M&M Bhd's has in issue 8 million ordinary shares of RM1 each and 2 million 10% preference shares of RM2 million. The following Statements of Profit or Loss and Statements of Changes in Equity were extracted from the books of M&M Bhd, a public listed company. Statements of Profit or Loss for the year ended 31 December 2015 RM'000 8,000 (4,000) 4,000 Turnover Cost of Sales Gross Profit Operating Expenses Profit before Tax Income Tax Expense Profit for the Year (1,400) 2,600 (720) 1.880 Retained Profit b/d Current Year Profit Preference Dividend Paid Ordinary Dividend Paid Retained Profit c/f 2016 RM'000 10,000 (5,200) Statements of Changes in Equity for the year ended 31 December 2015 RM'000 8,600 1,880 (72) (576) 9.832 4,800 (1,600) 3,200 (880) 2.320 2016 RM'000 9,832 2,320 (216) (576) 11.360 Additional information: For the year ended 31 December 2015, M&M only paid two-third preference dividend and the remaining preference dividend was paid in the following year, together with the 2016 preference dividend. RM4,000,000 10% convertible debentures were issued on 1 January 2015. These debentures are convertible to 2,000,000 ordinary shares at any time up to 2018. On 1 July 2015, M&M Bhd made a rights issue of one (1) share for every five (5) shares held at a price of RM4.00 each. The market price of M&M Bhd's shares on 30 June 2015 was RM5.00 each. RM1,200,000 of the 10% convertible debentures were converted into ordinary shares on 1 January 2016. Basic earnings per share for the year ended 31 December 2014 was RM0.18. Required: Calculate the basic and diluted earnings per share of M&M Bhd for the year ended 31 December 2015 and 2016. Restate the previous year's basic earnings per share where applicable. (15 marks)