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(CMA adapted) Simple Capital Structure) On January 1, 2010, Chang Corp. had 480,000 shares of common STOSE pertstanding. During 2010, it had the following transactions that affected the common stock account February 1 Issued 120,000 shares March 1 May 1 June 1 October 1 Reissued 60,000 shares of treasury stock issued,a 20% stock dividend Acquired 100.000 shares of treasury stock Issued a 3-tor-1 stock split instructions a) Determine the weighted-average number of shares outstanding as of December 31, 2010 b) Assume that Chang Corp. earned net income of 53,256.000 during 2010. in addition, it had 100,000 shares of 9%, $100 par nonconvertible, noncumulative preferred stock outstanding for the entre yeaz Because of liquidity considerations, however, the company aid not decare and pay a pr ferred dividend in 2010. Compute earmings per share for 2010. using the weighted-average num- ber of shares determined in part (a) c) Assume the same facts as in part (b), except that the preferred stock: was cumuiative. Compute id) Assume the same facts as in part (b), except that.net income inciuded an extraordinary gain of earnings per share for 2010. 5864,000 and a loss from discontinued operations of $432,000. Both items are net of applicabie income taxes. Compute earnings per share for 2010