3. Limitless Ltd. had the following information for the year 2020: 6 marks 1-Jan-20 Opening balance of common shares issued 1-Feb-20 # of common shares repurchased 1-Jun-20 # of common shares issued 1-Nov-20 Share split distributed 56,000 2,800 7,280 2:1 Limitless Ltd. had a profit for 2020 Limitless Ltd.'s preferred share (cumulative) dividend Limitless Ltd. did not declare a dividend in 2020 $ 155,000 $ 31,000 NOTE: REQUIRED: a) Calculate the weighted average number of common shares (WACS) outstanding for the year. b) Using the information provided and your calculation in part a), calculate the earnings per share for Limitless Ltd. For 2020