TIME 5 6 7 8 9 10 11 12 13 23 For the year ended December 31, 2021, Draper Marketing Inc. had net income of $2,580,000 and declared no dividends. As a public company, Draper Marketing Inc. follows IFRS. Other Information follows: (1). Capital structure at January 1, 2021 Preferred shares, $9, cumulative, 100,000 authorized, 3,000 issued and outstanding. Each preferred share is convertible in 10 common shares. Common shares, unliminted authorized, 1,430,000 issued and outstanding. Options, 12,000 outstanding. Each option permits the holder the right 14 to purchase four common shares at $25 per share. 5 (2). During fiscal 2021, no additional options were granted and no outstanding options were exercised. 16 (3). A $6,000,000, 6% bond was issued May 31, 2021 and matures May 31, 2026. Each $1,000 bond is 17 convertible into 20 common shares. (4). Throughout 2021, the common shares had an average market price of $30 per common share. 18 (5). No bonds or preferred shares were converted during the year ending December 31, 2021. 19 20 (6). The income tax rate for the year ending December 1, 2021 is 35%. 21 anded December 31, 2021. Round all RED USING THE DATA ON OS DATA Calculate the appropriate earnings per share amounts for the year anded December 11, 20121. Mondol perthermos decimal places nearest thing the ROUND form Use the drop down to select the appropriate dilutive security under the proper method. There may be more than needed under the dutive impact. Only use these bows that are appropriate N/ Athere is no desertube dunder the method luted treasury stock or if converted in cells under the numeratore denominator are to be perforather than leaving blank Remember to rank appropriately 5 SUMMARY TABLE 7 Numerator (5) Denominator ERS ROUND ALL EPS 10 2 DECIMALS USING THE ROUND FORMULA 9 10 TI BASIC EPS Income Adjustment Sub total DILUTIVE IMPACT: Treasury stock 16 Sub-total 3 Sub-total 17 28 19 20 f-converted 21 22. 23 24 DILUTED EPS TUTTE Sub-total Sub-total Use the drop down to the proper nder the proper Only the that are appropriate there may be blender the the N/A security to be used under the methode tresury or i-converted 21 30 TREASURY STOCK METHOD 31 32 Security ERRE if not needed, elect N/A and ove the following blue ces blank the will below 34 Dilut/Ants-dilutive? Explain Why Dilutive/Anti-dilutive. Use a complete sentence 35 36 Potential CS Potential proceeds (5) upon exercise #C5 able to buy from proceeds # Cs unable to buy DOOD 41 42 43 44 45 46 Security: If not needed, select N/A and leave the following blue cells blank in the analysis below. 40 Security 47 if not needed sect N/A and we the following is the Dilutive/Andutive Explain Why Dilutive/Anti-dilutive. Use a complete sentence SSS 49 50 51 Potentials 52 53 Potential proceeds (S) upon exercise 54 55 NCS able to buy from proceeds 56 57 # CS unable to buy 58 59 4 60 F-CONVERTED METHOD 61 Security if not needed, select N/A and leave the following the cells blank in the analysis below 62 Savoided Potential CS 64 65 *ROUND TO 2 DECIMALS USING THE ROUND FORMULA Return per potential common share 67 68 Dilutive/Anti-dilutive? 070899 SS SS Return per potential common share * ROUND 102 DECIMALS US THE ORD FORMULA 66 67 611 Dilutive/Anti-dilutive? Explain why Dilutive/Anti-dilutive. Use a complete sentence 69 20 71 22 73 Security: if not needed, select N/A and leave the following blue cells blank in the analysis below Savoided Potential CS ** ROUND TO 2 DECIMALS USING THE ROUND FORMULARE 7 77 78 79 80 Return per potential common share Dilutive/Anti-dilutive? Explain Why Dilutive/Anti-dilutive. Use a complete sentence. TIME 5 6 7 8 9 10 11 12 13 23 For the year ended December 31, 2021, Draper Marketing Inc. had net income of $2,580,000 and declared no dividends. As a public company, Draper Marketing Inc. follows IFRS. Other Information follows: (1). Capital structure at January 1, 2021 Preferred shares, $9, cumulative, 100,000 authorized, 3,000 issued and outstanding. Each preferred share is convertible in 10 common shares. Common shares, unliminted authorized, 1,430,000 issued and outstanding. Options, 12,000 outstanding. Each option permits the holder the right 14 to purchase four common shares at $25 per share. 5 (2). During fiscal 2021, no additional options were granted and no outstanding options were exercised. 16 (3). A $6,000,000, 6% bond was issued May 31, 2021 and matures May 31, 2026. Each $1,000 bond is 17 convertible into 20 common shares. (4). Throughout 2021, the common shares had an average market price of $30 per common share. 18 (5). No bonds or preferred shares were converted during the year ending December 31, 2021. 19 20 (6). The income tax rate for the year ending December 1, 2021 is 35%. 21 anded December 31, 2021. Round all RED USING THE DATA ON OS DATA Calculate the appropriate earnings per share amounts for the year anded December 11, 20121. Mondol perthermos decimal places nearest thing the ROUND form Use the drop down to select the appropriate dilutive security under the proper method. There may be more than needed under the dutive impact. Only use these bows that are appropriate N/ Athere is no desertube dunder the method luted treasury stock or if converted in cells under the numeratore denominator are to be perforather than leaving blank Remember to rank appropriately 5 SUMMARY TABLE 7 Numerator (5) Denominator ERS ROUND ALL EPS 10 2 DECIMALS USING THE ROUND FORMULA 9 10 TI BASIC EPS Income Adjustment Sub total DILUTIVE IMPACT: Treasury stock 16 Sub-total 3 Sub-total 17 28 19 20 f-converted 21 22. 23 24 DILUTED EPS TUTTE Sub-total Sub-total Use the drop down to the proper nder the proper Only the that are appropriate there may be blender the the N/A security to be used under the methode tresury or i-converted 21 30 TREASURY STOCK METHOD 31 32 Security ERRE if not needed, elect N/A and ove the following blue ces blank the will below 34 Dilut/Ants-dilutive? Explain Why Dilutive/Anti-dilutive. Use a complete sentence 35 36 Potential CS Potential proceeds (5) upon exercise #C5 able to buy from proceeds # Cs unable to buy DOOD 41 42 43 44 45 46 Security: If not needed, select N/A and leave the following blue cells blank in the analysis below. 40 Security 47 if not needed sect N/A and we the following is the Dilutive/Andutive Explain Why Dilutive/Anti-dilutive. Use a complete sentence SSS 49 50 51 Potentials 52 53 Potential proceeds (S) upon exercise 54 55 NCS able to buy from proceeds 56 57 # CS unable to buy 58 59 4 60 F-CONVERTED METHOD 61 Security if not needed, select N/A and leave the following the cells blank in the analysis below 62 Savoided Potential CS 64 65 *ROUND TO 2 DECIMALS USING THE ROUND FORMULA Return per potential common share 67 68 Dilutive/Anti-dilutive? 070899 SS SS Return per potential common share * ROUND 102 DECIMALS US THE ORD FORMULA 66 67 611 Dilutive/Anti-dilutive? Explain why Dilutive/Anti-dilutive. Use a complete sentence 69 20 71 22 73 Security: if not needed, select N/A and leave the following blue cells blank in the analysis below Savoided Potential CS ** ROUND TO 2 DECIMALS USING THE ROUND FORMULARE 7 77 78 79 80 Return per potential common share Dilutive/Anti-dilutive? Explain Why Dilutive/Anti-dilutive. Use a complete sentence