On January $1,2023,$ Cullumber Ltd$.$ had $600,000$ common shares outstanding. During $2023,$ it had the following transactions that outstanding for the entire year.

affected the common share account:

Feb. $1$ Issued $200,000$ shares

Mar. $1$ Issued a $10\%$ stock dividend

May $1$ Acquired $220,000$ common shares and retired them

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

Oct. $1$ Issued $50,000$ shares

The company's year end is December $31.$Assume that Cullumber earned net income of $$2,589,000$ during $2023.$ In addition, it had $110,000$ of $10\%,$$$100$ par, non$-$

convertible, non$-$cumulative preferred shares Because of liquidity limitations$,$ however, the

company did not declare and pay a preferred dividend in $2023.$alculate earnings per share for $2023,$ using the weighted average number of shares determined above. EPS