Patty Zeema, controller at Sabbie Fashion Inc., a public company has provided selected financial data for the fiscal year ended December 31, 2019. Long-term debt 6% convertible bonds payable due 2021 (note 1) Shareholders' equity $3,000,000 $2 convertible, cumulative Preferred Shares, no par value, 200,000 shares authorized, 40,000 shares issued $1,800,000 (each convertible preferred share is converted into 2 common shares) (note 2) Common Shares, unlimited number of shares authorized, $3,500,000 1,100,000 shares outstanding at December 31, 2019 (assume this number for weighted average number of shares) Notes: 1. The 6% bond was issued at face value on January 1, 2019. They are convertible into common shares at 30 shares per $1,000 bond. 2. There are no preferred dividends in arrears. All prescribed preferred dividends were declared and paid in fiscal year 2019. 3. Net income for fiscal year 2019 was $1,750,000. REQUIRED: a) For 2019, calculate Sabbie's Basic EPS. (3 marks) b) For 2019, calculate Sabbie's Dilutive EPS. Assume a tax rate of 32%. Show all your calculations. (5 marks) c) For this part only: (4 marks) Calculate Weighted Average number of shares given the following information: On January 1, 2019, Sabbie Fashion Inc. had 250,000 common shares outstanding. It had the following transactions in 2019 that affected common shares: February 1 May 1 July 1 November 1 Issued 150,000 common shares Issued a 30% stock dividend Issued a 2 for 1 stock split Issued 60,000 common shares