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Horticultural Products Inc. reported $981,787 profit in 2020 and declared pref common shares outstanding occurred during the year. Jan. 1 72,000 common shares were outstanding.

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Horticultural Products Inc. reported $981,787 profit in 2020 and declared pref common shares outstanding occurred during the year. Jan. 1 72,000 common shares were outstanding. Mar. 1 Declared and issued a 30% common share dividend. Aug. 1 Sold 30,000 common shares. Nov. 1 Sold 30,000 common shares. Calculate the weighted-average number of common shares outstanding du per share" answer to 2 decimal places.) Weighted-average outstanding shares Earnings per share 87 profit in 2020 and declared preferred dividends of $74,100. The following changes in ing the year. canding. on share dividend. common shares outstanding during the year and earnings per share. (Round the "Ear

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