Question: Please help to answer and show your detailed solution asap. Thank you! Wilcorp Ltd. reported a loss of $610,000. There are 550,000 shares outstanding. The

Please help to answer and show your detailed solution asap. Thank you!

Please help to answer and show your detailed solution asap.

Thank you!

Wilcorp Ltd. reported a loss of $610,000. There are 550,000 shares outstanding. The company has outstanding stock options for 100,000 common shares at $10 per share. The average common share price was $25 during the period. Required: 1. Calculate the number of shares that would be added for the dilution on the exercise of the options. 2. Calculate the basic EPS and diluted EPS

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