Question: Horticultural Products Inc. reported $ 3 3 8 , 5 1 5 profit in 2 0 2 3 and declared preferred dividends of $ 4

Horticultural Products Inc. reported $338,515 profit in 2023 and declared preferred dividends of $45,700. The following changes in common shares outstanding occurred during the year.
Jan. 130,000 common shares were outstanding.
Mar. 1 Declared and issued a 10% common share dividend.
Aug. 1 Sold 10,000 common shares.
Nov. 1 Sold 20,000 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.)
\table[[Weighted-average outstanding shares,],[Earnings per share,]]
Horticultural Products Inc. reported $338,515 profit in 2023 and declared preferred

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