Artisan Bathrooms Inc. $($ABI$)$ had $120,000$ ordinary shares outstanding on January$1,2023.$ Transactions throughout $2023$ affecting its shareholdings follow.

$$ February $1$: ABI issued $50,000,$ $$10,$ cumulative $10\%$ preferred shares.

$$ March $1$: ABI issued $50,000$ ordinary shares.

$$ April $1$: ABI declared and issued a $15\%$ stock dividend on the ordinary shares.

$$ July $1$: ABI repurchased and cancelled $80,000$ ordinary shares.

$$ October $1$: ABI declared and issued a $3-$for$-1$ stock split on the ordinary shares.

$$ December $31$: ABI declared and paid $$115,500$ in dividends on the ordinary shares.

$$ ABI's net income for the year that ended December $31,2023,$ was $$1,400,000.$ Its tax rate was $40\%$

Required

a$.$

What was ABI$\text{'}$s weighted average number of ordinary shares outstanding in $2023?$

b$.$

What was ABI$\text{'}$s basic EPS in $2023?$

c$.$

If the preferred shares issued on February$1,2023,$ were$$ non$-$cumulative, what would ABI$\text{'}$s basic EPS for $2023$ have$$ been?

Part $1$

Requirement a$.$ What was ABI$\text{'}$s weighted average number of ordinary shares outstanding in $2023?($Abbreviation used: WASO$=$ Weighted average number of ordinary shares outstanding. Complete all answer boxes. Do not round until the final answers. Then round the contribution to WASO amounts to the nearest whole$$ number.$)$

Period $(2023)$

Opening balance of ordinary shares outstanding

Fraction of year

Share adjustment factor

Contribution to WASO

January $1-$ February $28$