Athena Company provided the following information for 2009 and 2010: Net income for 2009- 18,000,000 Net income for 2010- 60,000,000 Outstanding shares on December 31, 2009- 200,000 A bonus issue was made on October 1, 2010 in the ratio of two additional ordinary shares for each ordinary share on December 31, 2009. REQUIREMENT: Compute for the BASIC EARNINGS PER SHARE to be presented on Athena's 2010 and 2008 comparative statements of profit or loss.

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