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Oriole Inc. has 1.10 million common shares outstanding as at January 1, 2020. On June 30, 2020, 4% convertible bonds were converted into 100,000 additional

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Oriole Inc. has 1.10 million common shares outstanding as at January 1, 2020. On June 30, 2020, 4% convertible bonds were converted into 100,000 additional shares. Up to that point, the bonds had paid interest of $225,000 after tax. Net income for the year was $1,298.55 1. During the yea r, the company issued the following: 1. June 30: 12,240 call options giving holders the right to purchase shares of the company for $29 2. Sept. 30: 17,240 put options allowing holders to sell shares of the company for $24 On February 1, Oriole also purchased in the open market 12,240 call options on its own shares, allowing it to purchase its own shares for $26. Assume the average market price for the shares during the year was $34. Calculate the required EPS numbers under IFRS. For simplicity, ignore the impact that would result from the convertible debt being a hybrid security. (Round answers to 2 decimal places, es. 15.25.) Basic EPS $ Diluted EPS $ Show the required presentations on the face of the income statement. (Round answers to 2 decimal places, e.g. 15.25.) Oriole Inc. Partial Income Statement Earnings Per Common Share: Basic Earnings Per Share $ Diluted Earnings Per Share $

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