This is the continuation , part B.

part A is correct. I need the Earnings Per Share. Please, provide detailed explanation.

On January 1, 2021, Marin Corp. had 487,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 122,000 shares March 1 Issued a 10% stock dividend Acquired 99,000 shares of treasury stock May 1 June 1 Issued a 3-for-1 stock split October 1 Reissued 58,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2021. The weighted average number of shares outstanding 1,792,650 (b) Assume that Marin Corp. earned net income of $3,601,000 during 2021. In addition, it had 100,000 shares of 9%, $ 100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, e.g. $2.55.) Earnings Per Share $