The current accounting year of Entity A is from 1 April 2022 to 31 March 2023. The accounting manager of Entity A is now preparing the earnings per share ratio for the year-end of 31 March 2023. There are 2,000,000 share options issued with an exercise price of $2.50. The average market price is $8.00. All the share-related issues for this year are listed below: - On 1 April 2022, Entity A had 27,000,000 ordinary shares. - On 1 May 2022, Entity A issued a 1 for 5 rights issue of $4.00 each. The actual cum-rights price is $10.00. - On 31 July 2022, Entity A repurchased 520,000 of its own shares at the current market price. - On 1 October 2022, Entity A issued 600,000,8% irredeemable convertible preference shares of $6,000,000 at one ordinary share for every four irredeemable convertible preference shares. - On 31 October 2022, Entity A made a 3 for 10 bonus issue. - On 1 January 2023, Entity A issued 250,000 additional shares at full market price. - On 1 March 2023, Entity A made a 4 for 1 share split. The profits after tax before any dividend for the period of 1 April 2022 to 31 March 2023 was $68,200,800 and the previous EPS for the year ended 31 March 2022 is $2.531 per share. The tax rate is 16.50%. REQUIRED: Evaluate the below items in accordance with the HKAS 33 Earnings per share: (a) The actual number of ordinary shares for the year ended 31 March 2023. ANSWER: (b) The Weighted average number of ordinary shares for the year ended 31 March 2023. ANSWER: (c) Theoretical ex-rights price of the 1 for 5 rights issue on 1 May 2022. ANSWER: \$ (d) Basic earnings per share for the year ended 31 March 2023. ANSWER: \$ per share (e) Basic earnings per share for the year ended 31 March 2022 as reported on 31 March 2023. ANSWER: \$ per share (f) Diluted earnings per share for the year ended 31 March 2023. ANSWER: \$ per share