QUESTION 4 (25 MARKS) Given below is the income summary for Travel Raya Bhd for the years ended 31 December 2016 and 2017: Profit before taxation 2017 | 2016 (RM) (RM) 500,000 450,000 (150,000) (140,000) (50,000) (50,000) Taxation Ordinary dividens Additional information: i. On 1 January 2016, the issued share capital consisted of 2 million ordinary shares ii. On 1 January 2016, options were granted to employees to subscribe for 500,000 ordinary shares in Travel Raya Bhd for RM400,000 iii. On 1 July 2016, 1 million ordinary shares were issued for a fair consideration of RM1.5 million. iv. The average market price of one ordinary share Travel Raya Bhd for the year ended 31 December 2016 and 2017 was RM 1 and RM 1.20 each, respectively. v. On 1 April 2017, the company bought back 500,000 ordinary shares. vi. The net loss from discontinued operations for year 2017 was RM100,000. Required: Calculate a) Basic earnings per share (EPS) for 2016 and 2017. (10 marks) b) Diluted earnings per share (DEPS) for 2016 and 2017. (15 marks)