a) The profit for the year for Bluebell Limited for the year ended 30 April 2022 was $20 million. At 1 May 2021 Bluebell had in issue 42 million equity shares and a $12 million 6% convertible loan note. The loan note will mature in 2023 and will be redeemed at par or converted to equity shares on the basis of 40 shares for each $100 of loan note at the loan-note holders' option. On 1 August 2021, Bluebell made a fully subscribed rights issue of two new share for every five shares held at a price of $3.20 each. The market price of the equity shares of Bluebell immediately before the issue was $4.75. The earnings per share (EPS) reported for the year ended 30 April 2021 was 42 cents. Bluebell's tax rate is 30%. Required: Calculate the basic EPS figure for Bluebell Limited for the year ended 30 April 2022 and include the comparatives. [10 marks] (i) Calculate the diluted EPS figure for Bluebell Limited for the year ended 30 April 2022. [5 marks] b) Define non-current assets held for sale and discontinued operations. [8 marks] e) Explain how useful information regarding discontinued operations are to the users of the financial statements. [2 marks]