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EPS (20 Marks) Bloodhound Bloodhound Corp. provides the following data for calendar 2020 Net Income.. $ 2,400,000 Transactions in Common Shares Change Cumulative Jan 1 beginning 1,000,000 Mar 1 purchase of treasury shares (60,000) 940,000 Jun 1 shares split 2 for 1 940,000 1,880,000 Nov 1 issuance of new shares 120,000 2,000,000 8% Cumulative Convertible Preferred Shares (no par) Convertible into 200,000 common shares adjusted for split on June 1. 1.000,000 Stock Options Exercisable at the option price of $ 25 per share. Average market price in 2020 was $ 30 (market price and option price adjusted for split).. 60,000 shares Instructions a) Calculate basic earnings per share for 2020. )Calculate diluted earnings per share for 2020