Doubler Inc (June 07)

Sir in this question examiner didn’t take redundancy cost into account when calculating Post acquisition earning per share

But what i did was,

1st calculated tax rate as follow ($1.89m/$6.30m * 100)= 30%

2nd Net cost of redundancy = $1m – ($1m*30%)
= $1m – $0.30m (tax saving due to redundancy cost)
= $0.70,m

Now i have taken this into calculation of profit of combined company and calculated the Post acquisition earning per share. This gave me EPS of 0.1222

What i want to know is that, Whether what i did was right or not???