At January 1, 2024, Waterway Corporation had the following share capital: $2 preferred shares, noncumulative, 500,000 shares authorized, 14500 shares issued $670000 Common shares, 1,000,000 shares authorized, 10900 shares issued 272500 $942500 On October 1, 2024, the company sold an additional 22000 common shares for proceeds of $308000. The corporation earned $146000 during the year and declared $29000 in dividends to preferred shareholders. For the purpose of calculating the earnings per share, the company's weighted average number of common shares is 19100. 0.5600 O32900 0 16400