Liberty Ventures inc reported $464,392 profit in 2020 and declared preferred dividends of $19,000. The following changes in common shares outstanding occurred during the year Jan. 1 170,000 common shares were outstanding. June 30 Sold 20,000 cormon shares. Sept. 1 Declared and issued a 14% common share dividend. Nov. 2 Sold 6,000 can 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