Question: Stranger Things Inc. ( STI ) had 8 0 , 0 0 0 ordinary shares outstanding on January 1 , 2 0 2 6 .

Stranger Things Inc. (STI) had 80,000 ordinary shares outstanding on January 1,2026. Transactions throughout 2026 affecting its shareholdings follow. February 1: STI issued 200,000, $10, cumulative 10% preferred shares. March 1: STI issued 40,000 ordinary shares. April l: STI declared and issued an 8% stock dividend on the ordinary shares. July 1: STI repurchased and cancelled 30,000 ordinary shares. October 1: STI declared and issued a 3-for-l stock split on the ordinary shares. December 31: STI declared $99,600 in dividends on the ordinary shares. Net income for the year ended December 31,2026, was $600,000. Its tax rate was 40%. Required 1.What was weighted average number of ordinary shares outstanding in 2026?2.What was basic EPS in 2026?

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