At January $1,2025,$ Blue Company's outstanding shares included the following.

$291,000$ shares of $$50$ par value, $8\%$ cumulative preferred stock

$938,000$ shares of $$1$ par value common stock

Net income for $2025$ was $$2,575,000.$ No cash dividends were declared or paid during $2025.$ On February $15,2026,$ however, all preferred dividends in arrears were paid, together with a $5\%$ stock dividend on common shares. There were no dividends in arrears prior to $2025.$

On April $1,2025,457,000$ shares of common stock were sold for $$10$ per share, and on October $1,2025,121,000$ shares of common stock were purchased for $$21$ per share and held as treasury stock.

Compute earnings per share for $2025.$ Assume that financial statements for $2025$ were issued in March $2026.($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Earnings per share $ $$

At January $1,2025,$ Blue Company's outstanding shares included the following.

$291,000$ shares of $$50$ par value, $8\%$ cumulative preferred stock

$938,000$ shares of $$1$ par value common stock

Net income for $2025$ was $$2,575,000.$ No cash dividends were declared or paid during $2025.$ On February $15,2026,$ however, all preferred dividends in arrears were paid, together with a $5\%$ stock dividend on common shares. There were no dividends in arrears prior to $2025.$

On April $1,2025,457,000$ shares of common stock were sold for $$10$ per share, and on October $1,2025,121,000$ shares of common stock were purchased for $$21$ per share and held as treasury stock.

Compute earnings per share for $2025.$ Assume that financial statements for $2025$ were issued in March $2026.($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}55.)$

Earnings per share $ $$

On January $1,2026,$ Cullumber Corp. had $502,000$ shares of common stock outstanding. During $2026,$ it had the following transactions that affected the common stock account.

February $1$ Issued $125,000$ shares

March $1$ Issued a $10\%$ stock dividend

May $1$ Acquired $98,000$ shares of treasury stock

June $1$ Issued a $3-$for$-1$ stock split

October $1$

Reissued $58,000$ shares of treasury stock

$($a$)$

Your answer is incorrect.

Determine the weighted$-$average number of shares outstanding as of December $31,2026.$

The weighted$-$average number of shares outstanding

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