View Policies Current Attempt in Progress Nova Gold Miners (NGM) is a gold mining company. NGM currently has two mines operating in Northwestern Ontario and many exploration claims throughout Ontario and Quebec. The company is publicly listed on the Toronto Venture Exchange. NGM is hoping to attract new capital in the coming months and would like to show strong financial performance for its most recent fiscal year end (December 31, 2023). Analysts are focusing on the current year's earnings per share in assessing future growth prospects. The company's shares are currently trading at $28 per share. You work in NGM's accounting department and have been assigned to help the CFO prepare preliminary estimates of EPS. You are given the following summarized financial information. The company's summarized statement of financial position for non-current liabilities and shareholders' equity follows: Non-current liabilities Bond payable. $171,000, 5%, 5-year, 6% market yield Convertible bond, $171,000, 5%, 5-year, 5% market yield. convertible into 2.280 common shares Shareholders' equity $167,865 166,429 Class A preferred shares, 171,000 issued, $1 cumulative dividend per share Class B preferred shares. 57,000 issued, $1 non-cumulative dividend per share," convertible on a 10:1 basis for common shares 1,710,000 1,140,000