Horticultural Products Inc. reported $1,000,140 profit in 2020 and declared preferred dividends of $63,600. The following chan common shares outstanding occurred during the year. Jan. 1 93,000 common shares were outstanding. Mar. 1 Declared and issued a 14% comon share dividend. Aug. 1 Sold 10,000 common shares. Nov. 1 Sold 20,000 common shares. Calculate the weighted average number of common shares outstanding during the year and earnings per share. (Round the per share" answer to 2 decimal places.) Weighted average outstanding shares Earnings per share 111,350 8.41 $