699 Babylon Corporation had 300,000 shares of common stock outstanding on January 1, 2021 On Apr 170 000 shares for cash On June 1, the company purchased 25.000 treasury shares. The treasury shares were reissued on September 1 On Ober Babylon issued a 2-for-1 stock spit Babylon's net income for 2021 was $500.450, and the company paid preferred $100,800 1. Compute weighted average number of common shares outstanding 2. Calculate basic eamings per share Express your answer in dollars and cents, rounded to the nearest cent ends totaling B 3 ALLxQse A Question Completion t Question 17 Babylon Corporation had 300,000 shares of common stock outstanding on January 1, 2021 On April 1. Babylon issued 70 000 shares for cash. On June 1, the company purchased 25,000 treasury shares. The treasury shares were reissued on September 1. On October 1, Babylon issued a 2-for-1 stock split. Babylon's net income for 2021 was $500.450, and the company paid preferred dividends totaling $100,800 1. Compute weighted average number of common shares outstanding, 2. Calculate basic earnings per share. Express your answer in dollars and cents, rounded to the nearest cent. (SX00 For the toolbar press ALT+F10 (PC or ALTHEN-FIC MAC BIUS Paragraph 3 AHM 3 10 OP IX a 5 + Question 18 Rockturn Corporation earned net income of $600,000 and had 99,000 shares of common stock outstanding throughout the year N outstanding were 9,000 shares of cumulative preferred stock, each convertible into five (5) shares of common. The prefened stock pays annual dividend of $12 per share. Rocky Road's tax rate is 21% Calculate Rockturn's diluted earnings per share. Express your answer in dollars and cents, rounded to the nearest cent (SX) For the toolbar, press WTFPL & TE