[Part 4] Calculation (29 points] 1. Net income for 2019 reflects a total effective tax rate of 20%. Included in the net income figure is a loss of $12,000,000 (before tax) as a result of discontinued operations. Preference dividends of $270,000 were declared and paid in 2019. Dividends of $1,000,000 were declared and paid to ordinary shareholders in 2019. $ 4,500,000 Share capital - preference (6%, R$50 par value, authorized 100,000 shares, outstanding 90,000 shares) Share capital - ordinary (R$1 par value, authorized and issued 10 million shares) Share premium - ordinary 10,000,000 20,500,000 Retained earnings Net income 134,000,000 33,000,000 167,000,000 202,000,000 (1) Please calculate the earnings per share for the net income. [3p] (2) Please calculate the earnings per share for (income from continuing operations and (ii) discontinued operations, net of tax. [3p]