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On December 31, 2020, Wildhorse Corporation had 3,800, $2 preferred shares and 60,800 common shares issued. During 2021, the company completed the following share transactions: Apr. 1 Sold 7.600 common shares for $3,800 cash. Sept. 30 Reacquired 4,000 common shares for $1,400 cash. Wildhorse's proht in 2021 was $395,000. Calculate the weighted average number of common shares for 2021. Weighted average number of shares Calculate earnings per share under each of the following independent assumptions: 1. Preferred shares are cumulative and dividends were (i) declared. (ii) not declared. 2. Preferred shares are noncumulative and dividends were (i) declared. (ii) not declared. (Round answers to 2 decimal places, eg. 52.76.) 1. (i) Earnings per share $ (ii) Earnings per share $ 2. (i) Earnings per share $ (ii) Earnings per share $