On January 1, John McArthur Inc. had 52,000 shares of common stock outstanding. On April 1, they issued another 8,000 shares. On August 1 they purchased and retired 6,000 of the shares. On October 1, they issued another 10,000 shares. a) The weighted average number of shares outstanding for the year is: shares b) If the corporation earned $139,780 that year, Earnings per Share would be