The following information is made available to you for the year ended December 31, 2018 for VioCan Inc.: Net Income $850,000 Weighted average of ordinary shares 350,000 Tax rate for the company 30% Financial instruments outstanding on January 1, 2018 besides ordinary shares, the effect of which is not reflected in the above figures: 4 60000 15,000 Convertible Preferred shares which carry a $4 cumulative dividend. No dividends have been declared to date. One preferred share can be converted into two ordinary shares. 30000 shares Convertible bonds with a face value of $8,000,000 (and issued at par) which bear interest of 6% and mature in 15 years. Every $1,000 bond certificate is convertible into 65 ordinary shares. 50,000 Employee stock options with an exercise price of $12 each. Average market value of the ordinary shares in 2018 is $30 per share. Required: 1186000 930000 1126000 900000 79 38050 Cu a face value of $8,000,000 (and issued at par) which bear interest of 6% a years. Every $1,000 bond certificate is convertible into 65 ordinary shares. 50,000 Employee stock options with an exercise price of $12 each. Average market value of the of shares in 2018 is $30 per share. Required: Use the information above and compute the Basic and Diluted EPS for 2018.