Part 1: On January 1 of 2020, Bay Street Coffee Limited had 30,000 common shares outstanding. On April 1, it issued 6,000 shares. On November 1, it retired 3,000. What is the weighted average number of shares outstanding at the end of the year. Part 2: If Bay Street Coffee Limited had a profit of $45,000 for the year, what was the EPS for 2020? Part 3: If Bay Street Coffee Limited had a profit of $45,000 for the year but declared $12,500 in dividends on Preferred Shares, what would the EPS have been