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Question 2 of 3 -/3 E View Policies Current Attempt in Progress The shareholders' equity accounts of Oriole Ltd. on April 1, 2020, the beginning of the fiscal year, are as follows: $7 cumulative preferred shares (21,000 issued) $1.890.000 Common shares (480,000 issued) 4,800,000 1,400,000 Retained earnings Total shareholders' equity ' $8,090,000 During the year, the following transactions occurred: 2020 June 1 Reacquired 12,000 common shares for $11 per share. July 1 Issued 45,000 common shares for $12 per share. Sept. 30 Reacquired 10,000 common shares for $11.50 per share. 2021 Jan. 31 Issued 60,000 common shares in exchange for land. The land's fair value was $720,000. Mar. 31 Profit for the year ended March 31, 2021, was $970,000. Calculate the weighted average number of common shares for the year. Weighted average number of common shares e Textbook and Media Assuming the preferred share dividends are one year in arrears, calculate the earnings per share if no preferred dividends are declared during the year. (Round answer to 2 decimal places, eg. 52.75.) Earnings per share $ e Textbook and Media What is the total number of common shares issued on March 31, 2021? Number of common shares issued e Textbook and Media Save for Later Attempts: 0 of 2 used Submit