Extracted text: E 36-3 - Computation of basic EPS; with retrospe Miming Corp. had the following capital structure during 2020 and 2021: Preference share capital, P100 par, 10% cumulative, 100,000 shares Ordinary share capital, P100 par, 400,000 shares P10,000,000 40,000,000 Miming reported profit of P8,000,000 for the year ended Dec. 31, 2021. Miming paid no preference share dividends during 2020 and paid P1,500,000 preference share dividends in 2021. On Jan. 31, 2022, prior to the date that the 2021 financial statements are authorized for issue, Miming distributed 10% ordinary share dividend. Required: Compute the basic EPS to be presented in Miming Corp.'s statement of profit or loss for the year ended Dec. 31, 2021. E 36-4 - Computation of basic and diluted EPS; convertible instruments Kate Corp. had 200,000 ordinary shares, 20,000 convertible preference shares, and P1,000,000 of outstanding during 2021. The preference share is convertible into 40,000 ordinary shares. During 2021, Kate paid dividends of P1.20 per share on ordinary shares and P4.00 per share on preference shares. Each P1,000 bond is convertible into 45 ordinary shares if converted before 2023 and 40 shares if converted after 2023. The profit for 2021 was P800,000 and the income tax rate was 25%. 10% convertible bonds Required: Compute the basic and diluted EPS to be presented in Kate Corp.'s statement of profit or loss for the year ended Dec. 31, 2021.