Part 1: On January 1 of 2020, Westfort Coffee Limited had 24,000 common shares outstanding. On March 1, it issued 12,000 shares. On November 1, it retired 4,000. What is the weighted average number of shares outstanding at the end of the year. Part 2: If Westfort Coffee Limited had a profit of $66,000 for the year, what was the EPS for 2020? Part 3: If Westfort Coffee Limited had a profit of $66,000 for the year but declared $16,500 in dividends on Preferred Shares, what would the EPS have been