The following information is available for Joey Company Ltd., which reports its financial results in accordance with IFRS:

	Activity	Ordinary Shares Outstanding
January 2, 2020	Opening Balance	50,000
March 1, 2020	20% stock dividend	60,000
June 1, 2020	Two for one stock split	120,000
December 1, 2020	Repurchase 30,000 shares	90,000

Capital structure as at December 31, 2020:

8% bonds	$ 1,000,000
7% convertible bonds – each $ 1,000 bond is convertible into 7.5 ordinary shares	$ 850,000
5% non cumulative preferred shares	$ 500,000
4% cumulative preferred shares – each $ 100 preferred share is convertible into 4 ordinary shares	$ 400,000
Ordinary shares	$ 1,000,000
Option A – grants the holder the right to purchase 10,000 ordinary shares at any time for $ 25.

Other information:

·       Net income for 2020 : $ 800,000

·       Income tax rate during 2020 : 32%

·       The average market price for 2020 for Joey’s ordinary shares was $ 21.

·       The bonds and preferred shares were outstanding for the entire year.

·       Dividends were not declared on either series of the preferred shares in 2020.

Required:

Computer Joey’s basic and diluted earnings per share (EPS) for the year ended December 31, 2020.