For the year ending 30 June 2023, A-Bay Ltd reports net profit after tax of $1 million. At the beginning of the year, A-Bay Ltd had 600 000 fully paid ordinary shares on issue. It also had 100 000 $1.00, 6 per cent, cumulative preference shares outstanding. On 1 October 2022 the company issued another 150 000 fully paid ordinary shares. On 1 May 2023 the  issued further fully paid shares on the basis of a one-for-five bonus issue. The last sale price per ordinary share before the bonus issue was $3.00. The basic EPS for the year ended 30 June 2022 was $2.30.

REQUIRED

Compute the basic earnings per share amount for 2023 and provide the adjusted comparative EPS for 2022.