Refer to the income statement for Lafarge attached at the end of the question paper to answer the following question Required a) Why do you think the way Lafarge has presented its income statement is in compliance with IAS 1 Presentation of financial statement Explain (4 marks) b) The income statement shows that the basic EPS and diluted EPS is the same .citing relevant accounting standards, Explain what this implies (4 marks) c) Assuming that On January 1, 2016, Lafarge had issued a 10% convertible bond at par, with a face value of K100, 000,000 which matures after 5 years. The bond is convertible into ordinary shares of Lafarge at a conversion price of K2, 000 of bond per share. Interest is payable annually. Calculate and explain how the bond issued in (c) above will affect both the basic and diluted EPS for 2016 and 2017.Asume that Lafarge had 200,039904 outstanding shares in 2016 and 2017 and the tax rate is 35 %( 7 marks)