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Yasmin Company showed the following information for 2XX1 : On December 31,21, the entity had outstanding 140,000 ordinary shares and 10,000 preference shares with P100 par value, of which 20,000 ordinary shares were issued last April 1, 2XX1. What amount should be reported as basic earnings per share? a. 27.00 b. 23.00 c. 26.89 d. 23.03 Summer Company had the following ordinary share activity during the current year: The 200,000 cumulative preference shares, with a par value of P20, are outstanding throughout the year. The preference dividend rate is 10%. The entity reported a net income of P5,860,000 for the current year. 1. Determine the average ordinary shares outstanding. (WITHOUT DECIMALS) 2. Determine the basic earnings per share (WITH TWO DECIMAL PLACES). Hunter Company had the following share capital as of December 31,21 : The entity reported a net income of P5,400,000 for the current year. Compute the basic and diluted earnings per share based on the following independent scenarios: A. The preference shares were issued at par value in the prior year. BEPS = DEPS= B. The preference shares were issued at par value on July 1,21. BEPS = DEPS = Fisher Company had the following share capital as of December 31,2XX1