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please provide instructions as I have a question which is similar thank you 1* *7 A1925 Diluted EPS, Caecsde: Ashante Sports Collections Limited {ABEL} ended

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please provide instructions as I have a question which is similar thank you

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1* *7 A1925 Diluted EPS, Caecsde: Ashante Sports Collections Limited {ABEL} ended 20165 with redone common shares outstanding. after issuing 200.000 common shares for cash on 31 December. The tax rate is 40%. There were no other common share transactions during the period. Net earnings were $1,..3Eln The following elements are pert of ASCL's capital structure: a. ASCL had 55.000.000 [par value} ct see bonds payable outstanding during the year. The bonds are convertible into so common shares for each $1,000 bond. Bond interest expense was $400,000 tor the year. b. ASCL had 45,000 options outstanding throughout 20x5 to purchase 120,000 common shares for $3 per share. The average share price during the year was $1 5. The options were not exercisable until 2133110. Page 1159 c. A501. had TILDDIJ. $1.25 preferred shares outstanding. The shares were cumulative. No dividends were declared in 20KB. The shares were convertible into 50.000 common shares. d. A501. had a contingent share agreement outstanding to issue 55.500 common shares to the prior shareholders at a company that ASDL had acquired in sorts. The shares become issuable if the acquired company's operations accumulate $5,n,tio oi post-acquisition earnings beiore the end of aexs. Earnings have been $3,50D,00 to date. and the target is expected to be met in EDIT. e. A301. had $5.D.i} [par value} at 5% bonds payable, issued on 31 March 2015. The bonds are convertible into 40 common shares for each $1.035 bond. Bond interest expense was $255,?50 for the nine months of the year that the bond was outstanding. Required: Compute basic and diluted EPS for 20x5

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