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. 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