Question: please help Part [I] Presented below is information related to O'Fish Company. 1. Net Income [including an extraordinary gain (net of tax) of $160,000] 2.

please help

Part [I] Presented below is information related to O'Fish Company. 1. Net Income [including an extraordinary gain (net of tax) of $160,000] 2. Capital Structure 3. Cumulative $8, preferred shares, no per, 6,000 shares issued and outstanding 13. Common shares, T6300 shares omstanding on January 1. On April 10, 40,000 shares were issued for cash. On September 16, 16,000 shares were purchased and retired. 3. Other Information a. Average market price per common share during entire year b. Income tax rate Required: Calculate basic earnings per share for the current year in accordance with IFRS. N EE D ASAP $520,000 $600,000 $1,000,000 $30 30%

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