At the end of 20X7, the records of Info Solutions Ltd. reflected the following:

Required:
Compute the required EPS amounts. Show computations, and round to two decimal places.

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Statement of financial position: Bonds payable, 7%, $600,000 par value, issued 1 January 20X0; entirely converted to common shares on 1 December 20X7; each $1,000 bond was convertible to 110 common shares. Interest expensed on bonds $47,250 Preferred shares, $0.50, convertible 2-for-1 into common shares, cumulative, nonparticipating; shares issued and outstanding during year, 30,000 shares Common shares, no par value, authorized unlimited shares; issued and outstanding throughout the period to 1 July 20X7, 150,000 shares. 300,000 shares were sold for cash on 1 July 20X7, additional shares were also issued on 1 December when bondholders converted $ 390,000 2,820,000