Kindly show each step for the following:

Required: a. What was Princess's weighted average number of ordinary shares outstanding in 2024? b. What was Princess's basic EPS in 2024? - February 1: Princess issued 15,000 ordinary shares. - June 1: Princess repurchased 20,000 shares and held them as treasury shares. - July 1: Princess declared and paid $300,000 in dividends on the cumulative preferred shares, $60,000 on the non-cumulative preferred shares, and 550,000 on the ordinary shares. - September 1: Princess reissued (sold) the 20,000 shares held in treasury. - October 1: Princess declared and issued a two-for-one stock split on the ordinary shares. - December 1: Princess declared and paid $100,000 in dividends on the cumulative preferred shares, $60,000 on the non-cumulative preferred shares, and $50,000 on the ordinary shares. - Princess's net income for the year ended December 31, 2024, was 5500,000 . Its tax rate was 30%. P15-18. Calculating basic EPS (Medium - 20 minutes) Princess and Frog Corp. was formed on January 1, 2023. At that time, it issued 50,000 ordinary shares and 50,000,$100, cumulative 4% preferred shares. Subsequent transactions affecting its shareholdings follow: 2023 - September 1: Princess issued 20,000, $100, non-cumulative 6% preferred shares. - December 1: Princess issued 10,000 ordinary shares. - Dividends were not declared in 2023