before tuesday night please

The shareholders' equity accounts of Pharoah Ltd. on April 1, 2020, the beginning of the fiscal year, are as follows: $7 cumulative preferred shares (17,000 issued) Common shares (510,000 issued) Retained earnings Total shareholders' equity $1,530,000 4,590,000 1,400,000 $7.520,000 During the year, the following transactions occurred: 2020 June 1 July 1 Reacquired 12,000 common shares for $10 per share. issued 53,000 common shares for $11 per share. Reacquired 10,000 common shares for $10.50 per share. Sept. 30 2021 2021 Jan. 31 Issued 60,000 common shares in exchange for land. The land's fair value was $660,000. Profit for the year ended March 31, 2021, was $985,000. Mar. 31 (a) X Your answer is incorrect. Calculate the weighted average number of common shares for the year. Weighted average number of common shares 548083 Attempts: 2 of 2 used (b) Assuming the preferred share dividends are one year in arrears, calculate the earnings per share if no preferred dividends are declared during the year. (Round answer to 2 decimal places, eg, 52.75.) Earnings per shares Savefor Later Attempts: 0 of 2 used Submit