On January 1, 2018, Sunland Corp. had 459,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 123,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 101,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 57,000 shares of treasury stock Part 1; Determine the weighted-average number of shares outstanding as of December 31, 2018. Part 2; Assume that Sunland Corp. earned net income of $3,577,000 during 2018. In addition, it had 95,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2018. Compute earnings per share for 2018, using the weighted-average number of shares determined in part (2) Assume that Sunland Corp. earned net income of $3,577,000 during 2018. In addition, it had 95,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2018. Compute earnings per share for 2018, using the weighted-average number of shares determined in part a part 3; Assume the same facts as in part (b), except that the preferred stock was cumulative. Compute earnings per share for 2018. Part 4; Assume the same facts as in part (b), except that net income included a loss from discontinued operations of $413,000 (net of tax). Compute earnings per share for 2018.