RECOMMENDED TIME: 7.5 MINUTE A company has the following summary of earnings for the year ended 31 December 2020: 000 Profit before 4,700 tax Taxation (810) Profit after tax 3,890 Equity for the Company as at 1 January 2020 was: 000 Ordinary Shares (1 each) 6,250 10% Preference shares (1 3,000 each) On 1 April 2020, the company issued E4m worth of 12% convertible loan stock, convertible in 2023 into 15 ordinary shares per 100 nominal value loan stock. Assume a corporation tax rate of 20%. The basic earnings per share and diluted earnings per share for the year ended 31 December 2020 are: O a. Basic EPS: 63.2 pence per share Diluted 72.5 pence per share EPS: b. Basic EPS: 57.4 pence per share Diluted 61.7 pence per share EPS: OcBasic EPS: 62.2 pence per share Diluted 61.0 pence per share EPS: O d. Basic EPS: 57.4 pence per share Diluted 56.6 pence per share EPS: O e. Basic EPS: 57.4 pence per share Diluted 57.7 pence per share EPS