On January 1, 2017, Carla Vista Ltd. had 510,000 common shares outstanding. During 2017, it had the following transactions that affected the common share account: Feb. 1 Issued 183,000 shares. Mar. 1 Issued a 12% stock dividend. May 1 Acquired 210,000 common shares and retired them. June 1 Issued a 3-for-1 stock split. Oct. 1 Issued 51,000 shares. The companys year end is December 31.

On January 1, 2017, Carla Vista Ltd. had 510,000 common shares outstanding. During 2017, it had the following transactions that affected the common share account: Feb. 1 Issued 183,000 shares. Mar. 1 Issued a 12% stock dividend. May 1 Acquired 210,000 common shares and retired them. June 1 Issued a 3-for-1 stock split. Oct. 1 Issued 51,000 shares The company's year end is December 31 Determine the weighted average number of shares outstanding as at December 31, 2017. (Round answer to 0 decimal places, e.g. 5,275.) Weighted average number of shares outstanding shares LINK TO TEXT Assume that Carla Vista earned net income of $3,525,000 during 2017, In addition, it had 90,000 of 11%, $100 par, non-convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2017 Calculate earnings per share for 2017, using the weighted average number of shares determined above. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $ LINK TO TEXT