At December $31,2023,$ Monty Corporation had the following shares outstanding:

$7\%$ cumulative preferred shares, $101,500$ shares outstanding $$10,150,000$

Common shares, $4,140,000$ shares outstanding $20,700,000$

During $2023,$ the corporation's only share transaction was the issuance of $430,000$ common shares on April $1.$ During $2023,$ the following also occurred:

$\backslash$table$[[$Income from continuing operations before tax,$$23,320,000$