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On Janoary 1, 2026, Pharoah Corp. had 484,000 shares of cormmon stock outstanding. During 2026, it had the following transactions: that affected the coommenstock account.

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On Janoary 1, 2026, Pharoah Corp. had 484,000 shares of cormmon stock outstanding. During 2026, it had the following transactions: that affected the coommenstock account. Determine the weighted-average number of shares outstanding as of December 31,2026 , The weighted-average number of shares outstanding Assume that Pharoah Corp. earned net income of $3,296,000 during 2026. In addition, it had 99,000 shares of 9%,$100 par company did not declare and pay a preferred dividend in 2026. Compute earnings per share for 2026, using the weighted-average number of shares determined in part (a). (Round answer to 2 decimal places, es. 2.55.) Earnings per share Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2026. (Round answer to 2 decimat piscer, es. 2.55) Earningswer share 5

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