part C

On Jamuary 1, 2026. Wildhorse Corp. had 474,000 shares of common stock outstanding During 2026, it had the following transactions that affected the commonstock account. (a) Your answer is correct. Determine the weighted average number of shares outstanding as of December 31,2026. The weighted average number of shares outstanding Assume that Wildhorse Corp. earned net income of $3,346,000 during 2096 . In addition it had 100,000 shares of 9%,$100 par foncomertible, noncumulative preferred stock outstanding for the entire year, Because of liguidity cansiderations, however, the company did not declare and pyy a preferred dividend in 2026: Conpute earnings per share for 2026, using the weighted-average: number of shares determined in part (a). (Round antwer to 2 decimal ploces, es. 2.55). Earnings pershare - 5 Assume the same facts as in part fbl, except that the preferred stock was cumulative. Compute earnings per share tor 202.6. (Round answer to 2 decimal ploces, es 2.55.) Eatrings pershare: 5