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Read Only - You can't save changes to t... Q4. CHI5 Question 2 Earnings Per Share Al Turki Company had the following transactions during 2016 relaledaonwiw - Jan. 1 100,000 ordinary shares issued and oustanding Sep. 1 Nov. 30 48,000 ordinary shares issued for cash 9,000 ordinary shares repurchased Al-Turki Co. also had 10,000. S100 par, 0% convertible prefenme tes mains throughout 2016. Each preference share is convertible imo threr sndeun sum 6am also had 500, 8%. S 1,000 par-value convertible bonds outstanding tinugnu: 2me Eas bond is convertible into 30 ordinary shares. The bonds soid origitnally a Repotied e income for 2016 was $300,000 with a 40% tax rate. Preferred dwidende werdetintar paid during 2016. Kequired (a) Compute Basic Earnings Per Share for Al-Turki Co. at Dec 31.2016 and show computations pm