In the Byte of Accounting project, I want the calculation of Earnings Per Share Ratio:

- The Net Income is $26,895.28 - The dividends (not specified as preferred but should it be included?) - $2,050.00

- Average Shares of Common Stock Outstanding (I am not sure how to calculate that one)

Here is the following information about shares from the transactions tab:

1- The Byte of Accounting Corporation (Byte) sells turn-key computer systems to midsize businesses on account. Byte was started by Lauryn on January 1 of last year when she was issued 1,800 shares of stock.

2- December 1: a new investor, made an investment in Byte by purchasing 2,300 shares of its common stock paying $43,700.00 in cash. The par value of the common stock was $18.00 per share.