please can someone assist with these questions

TOPIC. LUL 52. At December 31, 20x2, XYZ had 40,000 common shares issued and outstanding and 10,000 nonconvertible preferred shares issued and outstanding. XYZ's net income for the year ended December 31, 20x3, was $120,000. During 20x3. XYZ declared and paid $50,000 cash dividends on common and $8,000 cash dividends on the nonconvertible preferred (the annual requirement). There were no common share or preferred share transactions during the year. The earnings per common share for the year ended December 31, 20x3, should be: A) $1.75 B) $2.40 C) $2.80 D) $3.00 Ans: C Difficulty: Medium Level of Learning: Application Topic: LO2 TOPIC. LOL 69. ABC experienced the following changes in its capital structure during 20x3: Outstanding on January 1, 20x3, 90 common stock shares Sold 120 common shares on February 1, 20x3 Sold 60 common shares on April 1, 20x3 Issued a 2 for 1 split on August 1, 20x3 ABC's weighted average number of common shares outstanding for 20x3 would be: A) 245 B) 315 C) 490 D) 540 Ans: C Difficulty: Medium Level of Learning: Application Topic: LO3 70. WXY had the following common share transactions: January 1 60 shares outstanding April 1 2 for 1 split August 1 10 percent stock dividend September 1 Purchased 10 shares of treasury stock The weighted average number of shares outstanding for the year was: A) 95 shares. B) 110.13 shares. c) 115.33 shares. D) 128.67 shares. Ans: D Difficulty: Medium Level of Learning: Application Topic: LO3