Liberty Ventures Inc. reported $178,620 profit in 2020 and declared preferred dividends of $16,000. The following changes in common shares outstanding occurred during the year:

Jan.	1	70,000 common shares were outstanding.
June	30	Sold 10,000 common shares.
Sept.	1	Declared and issued a 14% common share dividend.
Nov.	2	Sold 6,000 common shares.

Calculate the weighted-average number of common shares outstanding during the year and earnings per share. (Round the "Earnings per share" answer to 2 decimal places.)