requirment 1 plz

EPS mdash Loss on Discontinued operation: Bolshevik Limited's statement of financial position at 31 December 20X2 reported the following: Long-term notes payable, 6%, due in 20X9 4, 000, 000 bond payable, par value $10, 000, 000, 5%, each $1, 000 of face value is convertible into 30 common shares: bonds mature in 20X13, net of discount 8, 200, 000 Common stock conversion rights 590, 000 Common shares, voting, 950, 000 shares outstanding 26, 000, 000 Additional information: 50, 000 common shares were issued at $50 on 1 July 20X2. Common share options are outstanding, entitling holders to acquire 150, 000 common shares at $9 per share. Interest expense on the convertible bonds was $420, 000 in 20X2. Income tax rate is 25%. The average common share price over the year was $11. Earnings from continuing operations for 20X2 was $250, 000, after tax; the company had a loss on a discontinued operation of $200, 000, net of income tax effects. Required: Compute the EPS amount(s) that Bolshevik Limited should report for 20X2. EPS, Individual Effect, Cascade: The Birch Corporation has the following items in its capital structure at 31 December 20X7, the end of the fiscal year: Options to purchase 400, 000 common shares were outstanding for the entire period. The exercise price is $17.50 per share. The average common share price during the period was $40. Preferred shares. $2 per quarter, cumulative, no-par, convertible into common shares at the rate of five shares of common for each preferred share. Seven thousand shares were outstanding for the whole year. $3 million par value of 9% debentures, outstanding for the entire year. Debentures are convertible into five common shares for each $100 bond. Interest expense of $285, 000 was recognized during the year. Preferred shares, $5, cumulative, no-par, convertible into common shares at the rate of three shares of common for each one preferred share. Four thousand shares were outstanding for the entire year. No dividends were declared in 20X7 on these shares. $8 million par value of 11.5% debentures, outstanding for the entire year. Debentures are convertible into a total of 520, 000 common shares. Interest expense of $660.000 was recognized during the year. Required: Calculate the individual effect for diluted EPS for each of the above items. The tax rate is 35%. For options, calculate shares issued and shares retired. Assume Birch reported basic EPS from continuing operations items of $1.291(51, 000, 000 $ 14, 000 - $20, 000) div 750, 000), discontinued operations gain of $1.00 ($750, 000 + 750, 000) and EPS for net earnings of $2.29 [($1, 750, 000 - $14, 000 - $20, 000) div 750, 000). Calculate diluted EPS, and show how it would be presented on the statement of comprehensive income