Exercise 16-16 had the following transactions that affected the Common Stock On January 1, 2018, Swifty Corp. had 468,000 shares of common stock outstanding. During 2018, account Issued 115,000 shares February 1 March 1 Issued a 10% stock dividend May 1 Acquired 96,000 shares of treasury stock June 1 Issued a 3-for-1 stock split Reissued 63,000 shares of treasury stock October 1 Determine the weighted-average number of shares outstanding as of December 31, 2018. The weighted-average number of shares outstanding Assume that Swifty Corp. earned net income of $3,288,000 during 2018. In addition, it had 105,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2018. Compute earnings per share for 2018, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, e.g. $2.55.) Earnings Per Share Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2018. (Round answer to 2 decimal places, e.g. $2.55.) Earnings Per Share Assume the same facts as in part (b), except that net income included a loss from discontinued operations of $411,000 (net of tax). Compute earnings per share for 2018. (Round answer to decimal places, e.g. $2.55.) Swifty Corp Income Statement Income From Continuing ons Loss From Discontinued Operations Net Income / (Loss) Open Show Work Show Work is REQUIRED for this