PART B i) The following information below relates to Danny Donuts Co. Profit after tax for the year ended December 31, 2018 was $15 million. At January 1, 2018 the company had in issue 36 million ordinary shares and a $10 million 8% convertible loan note. The loan note will mature in 2019 and will be redeemed at par or converted to equity shares on the basis of 25 shares for each $100 of loan note at the loan-note holders' option. Danny's income tax rate is 25%. Required: Calculate the basic and diluted earnings per share for Danny Donuts Co for the yea ended December 30, 2018. (5 marks)