Question: Please answer in proper format with all working clearly Required: 1. Calculate the weighted average number of common shares outstanding for the 2020 year. 2.

Please answer in proper format with all working clearly

Please answer in proper format with all workingPlease answer in proper format with all working
Required: 1. Calculate the weighted average number of common shares outstanding for the 2020 year. 2. Calculate earnings per share for the year ended December 31, 2020.2. The following transactions related to the shares of Champion Corporation took place during the 7 marks 2020 year: Number of common shares issued and outstanding at the beginning 1/1/2020 of the year: 111,436 2/29/2020 The company sold additional common shares. Number of common shares sold: 26,900 6/30/2020 The company declared a common share dividend. Percentage of share dividend declared: 15% 9/30/2020 The company repurchased and retired common shares. Number of common shares retired: 1,303 The corporation also had $4 cumulative preferred shares outstanding throughout the 2020 year. Number of preferred shares outstanding: 4,600 The corporation did not declare a cash dividend on any of the shares during the 2020 year due to cash flow constraints. The corporation had profit of the following during the 2020 year: $ 344,169

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