Basio EPS = Income available to common / weighted average number of common shares outstanding Basic EPS = income avalable to common/ weighted average number of common shares outstanding C Basic EPS = Income avaliable to common (meaning. we need to subtract preferred dividends) / weighted avg \# of common shares outstanding Basic EPS = Income avalatile to comenon / weightod average number of common shares outstanding Basic EPS f income awalatie to cornmon / weoghed average number of common shares outstanding Trinity Railway began 205 with On 1May 1, 20x5, Trinty Ratway issued On Nowember 1, the company reaquired Trinity Ralway reported net income of Trinity Raiway paid 600,000 shares of common stock outstanding 150,000 addieional shares of common stock. 50,000 shares of common stock $1,999,000 for the year ending December 31,205 $450,000 in common dividends during 205 (a) (b) (c) Calculate the weighted-average common shares outstanding for 205. Calculate basic earnings per share for 2 Round your answer to decimal places. If Trinity Railway also had preferred stock outstanding, and declared ani $157,000 in dividends on these shares during 20x5, in dividends on these shares during 20x5, A calculate the revised amount for basic earnings per share. Round your answer to two decimal places. 5/110/31 11/112/31