Question 2 (9 points) Baw-Baw Inc. recorded a Net Loss of $3,000,000 and a Loss from Discontinued Operations of $2,500,000 in 2022. Baw-Baw Inc.'s capital structure includes $3,000,000, 5.00% cumulative preferred shares that were issued on August 1st, 2022. Dividends were not declared on these preferred shares in 2022. The company's year end is December 31 and 1,400,000 ordinary shares were outstanding throughout 2022. REQUIRED: Calculate Basic EPS for 2022 as it should be reported to Baw-Baw Inc.'s shareholders. (show all supporting calculations). Question 2 (9 points) Baw-Baw Inc. recorded a Net Loss of $3,000,000 and a Loss from Discontinued Operations of $2,500,000 in 2022. Baw-Baw Inc.'s capital structure includes $3,000,000, 5.00% cumulative preferred shares that were issued on August 1st, 2022. Dividends were not declared on these preferred shares in 2022. The company's year end is December 31 and 1,400,000 ordinary shares were outstanding throughout 2022. REQUIRED: Calculate Basic EPS for 2022 as it should be reported to Baw-Baw Inc.'s shareholders. (show all supporting calculations)