Liberty Ventures Inc. reported $209,840 profit in 2020 and declared preferred dividends of $34,400. The following changes in common shares outstanding occurred during the year Jan. 1 60,000 common shares were outstanding. June 30 Sold 20,000 common shares. Sept. 1 Declared and issued a 20% common share dividend. Nov. 2 Sold 12,000 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.) Weighted average outstanding shares Earnings per share On March 1, 2020, VisionTech Inc.'s board of directors declared a 5% share dividend when the market price per share was $10.00. On November 15, 2020, the board of directors declared a 4:1 share split. The equity section of the company's December 31, 2019, balance sheet showed: Common shares; 20,000,000 shares authorized; 2,500,000 shares issued and outstanding Retained earnings $ 15,600,000 5,142,400 Required: 1. Prepare a statement of changes in equity for the year ended December 31, 2020, assuming profit earned during the year was $4,784,000. (Negative answers should be indicated by a minus sign.)