On January 1, 2020, Sandhill Corporation had 84,600 common shares outstanding. On April 1, the company issued an additional 36,000 shares. On July 1, the company repurchased and cancelled 35,400 common shares. On November 1, the company issued 55,200 new shares. Cash dividends of $63,800 were declared to non-cumulative preferred shareholders. Net income for the year was $960,770. Calculate the weighted average number of shares for 2020 and earnings per share (EPS). (Round earnings per share (EPS) to 2 decimal places, e.g. 15.75.)

Weighted average number of shares

Earnings per share $ /share