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On January 1, 2020, Crane Corporation had 83,400 common shares outstanding. On April 1, the company issued an additional 30,000 shares. On July 1, the

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On January 1, 2020, Crane Corporation had 83,400 common shares outstanding. On April 1, the company issued an additional 30,000 shares. On July 1, the company repurchased and cancelled 34,200 common shares. On November 1, the company issued 60,000 new shares. Cash dividends of $48,800 were declared to non-cumulative preferred shareholders. Net income for the year was $779.920. Calculate the weighted average number of shares for 2020 and earnings per share (EPS). (Round earnings per share (EPS) to 2 decimal places, eg. 15.75.) Weighted average number of shares $ Earnings per share $ share Attempts: 0 of 1 used Submit Answer Save for later

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