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Liberty Ventures Inc. reported $ 3 3 0 , 3 4 0 profit in 2 0 2 3 and declared preferred dividends of $ 1

Liberty Ventures Inc. reported $330,340 profit in 2023 and declared preferred dividends of $17,500. The following changes in common
shares outstanding occurred during the year:
Jan. 1120,000 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.)
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