Arctic Edge Ltd$.$ has a December $31$ year end. On January $1,2023,$ the company had the following shareholder$$s equity accounts.

Preferred Shares, $ $5$ cumulative, unlimited number authorized, $$550,000$

$5,500$ issued

Common Shares, unlimited number authorized, $160,000$ issued $1,220,000$

Retained Earnings $2,215,000$

Accumulated Other Comprehensive Income $52,000$

Arctic Edge Ltd$.$ had the following transactions during $2023$:

$31-$Jan Issued $40,000$ common shares at $$9\mathrm{.}00$ per share.

$28-$Feb Issued $1,000$ preferred shares at $$105$ per share

$31-$Mar Reacquired $30,000$ Common Shares at $$10$ per share

$31-$Aug Issued $15,000$ common shares at $$12$ per share

For $2023,$ the company reported net income of $$600,000$

and comprehensive income of $$675,000$

Instructions: Note: USE Excel for linking the numbers from the above trial balance $($link by using $=$ and then clicking on the cell$).$ Also use formulas in Excel for any calculations.

A$)$ Record all of the transactions.

B$)$ Prepare the Statement of Changes in Shareholders$$ Equity.

C$)$ Calculate Arctic Edge's $2023$ earnings per share. $($Hint: weighted average number of common shares outstanding has to be calculated$)$