Darlington Industries Ltd. reported earnings of $1,000,000 in 20X6; no dividends were declared.
Darlington has two classes of ordinary shares—Class A and Class B. The characteristics of the two classes of shares are as follows:
• 60,000 Class A shares and 750,000 Class B shares were outstanding throughout the year.
• Class A shares get 15 votes per share; Class B has one vote.
• If dividends are declared, Class A shares are entitled to a base dividend of $3 per share while Class B shares are entitled to a base dividend of $0.60 per share. Additional dividends beyond the base dividend are shared on an equal basis per share.

Required:
Calculate basic EPS for 20X6.