ABC Inc. reported $431,376 profit in 2020 and declared preferred dividends of $18,400. The following changes in common shares outstanding occurred during the year:

Jan.	1	150,000 common shares were outstanding.
June	30	Sold 40,000 common shares.
Sept.	1	Declared and issued a 14% common share dividend.
Nov.	2	Sold 6,000 common shares.

Calculate the weighted-average number of common shares outstanding during the year and earnings per share. (Round the "Earnings per share" answer to 2 decimals.

Weighted-average outstanding shares
earnings per share