Chapter $13($i$)$

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$4$

$2$ points

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Liberty Ventures Inc. reported $$609,768$ profit in $2023$ and declared preferred dividends of $$20,200.$ The following changes in common shares outstanding occurred during the year:

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Jan. $1210,000$ common shares were outstanding.

June $30$ Sold $40,000$ common shares.

Sept. $1$ Declared and issued a $14\%$ common share dividend.

Nov. $2$ Sold $6,000$ common shares.

Calculate the weighted$-$average number of common shares outstanding during the year and earnings per share. $($Round the "Earnings per share" answer to $2$ decimal places.$)$

$\backslash$table$[[$Weighted$-$average outstanding shares,$],[$Earnings per share,$]]$