Quation 2 [15 poimts]: At 1 January 2020, Opera Inc. had 1,200,000 ahares outrtanding. On 1 May 2020, the oompery issued 240,000 new shares. The compery aluo reported net income of $2 million for the fiscel vear 2020. In wddition, the company hns only one potemially dilutive aecurity: $100,0005 percent convertible bonds, comverible into a total of 20,000 sharea. Asume a tax rate of 20 percemt a. What is the company's weighted average number of ahares outstanding for 2020? (Show your calculation like A/B=C or (A+B)/C=D etc) [5 points]: N of option *exercise=cash inflow to firm b. What is the company's basic EPS? (Show your calculation like A/B=C or (A+B)/C=D etc.) [2] [2 points]: EPS= net income/av. N of shares outstanding c. What is the company's diluted EPS? (Show your calculation like A/B=C or (A+B)/C=D etc.) [8 points]