The following information was extracted from the company's Statement of Financial Position as at the end of $2023.$ In its capital structure $$5,000,000$ in $10\%$ convertible bonds issued atThe bond $$1150$ per $($$$1,000$ per bond$).$ Each bond is convertible into $150$ shares of ordinary shares. The bond is for $5$ years and interest is paid December $31$st$.$ The market rate for bonds of this type is $8\%.$ It also had $$2,000,000$ in $6\%$ convertible, cumulative preference shares with a par value of $$50,$ with each share convertible into $20$ ordinary shares. There were no changes during $2023$ in the number of preference shares, or convertible bonds outstanding.The company has ordinary shares with a par value of $$40$ per share value and the average market price was $$50.$ The following is also relative to the company's ordinary shares;January $1720,000$ shares outstandingMarch $1$ Issued $180,000$ sharesApril $1$ Issued a $10\%$ share dividendMay $1$ Issued a $3-$for$-1$ share splitJune $1$ Acquired $90,000$ treasury sharesNovember $1$ Reissued $60,000$ treasury sharesGranted ordinary share options in $2020$ for the purchase of $225,000$ ordinary shares at $$45$ per share. The company's net income for the year was $$4,600,000$ and the company fell into the $25\%$ tax bracket for the year.

Required:

b$.$Determine the weighted$-$average ordinary shares outstanding for $2022.$

c$.$ Compute basic earnings per share for $2022.$

d$.$ Compute diluted earnings per share for $2022.$

e$.$ Identify and briefly explain the type of capital structure the company is considered to have.