Question: Question 4 (9 Points): A1, B1, D3 On Jan 1, 2019 Lama Cor. had 100,000 shares of common stock outstanding. During 2019, it had the

Question 4 (9 Points): A1, B1, D3 On Jan 1, 2019

Question 4 (9 Points): A1, B1, D3 On Jan 1, 2019 Lama Cor. had 100,000 shares of common stock outstanding. During 2019, it had the following transactions that affected the common stock account: March April September November December Instructions: 1: 1: 1: 1: 1: Issued 20,000 Shares. Issued a 5% stock dividend. Acquired 10,000 share of treasury stock. Issued a 5-for-1 stock split. Reissued 5,000 shares of treasury stock. 1- Determine the weighted average number of shares outstanding as of December 31, 2019. 2- Assume the net income of the company is $1000,000 and the preferred dividends $100,000. Compute EPS

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