Please complete part C

The shareholders' equity accounts of Wildhorse Ltd. on April 1, 2020, the beginning of the fiscal year, are as follows: $4 cumulative preferred shares (19,000 issued) $1,520,000 Common shares (450,000 issued) 3,150,000 Retained earnings 1,600,000 Total shareholders' equity $6,270,000 During the year, the following transactions occurred: 2020 June 1 Reacquired 12,000 common shares for $8 per share. July 1 Issued 52,000 common shares for $9 per share. Sept. 30 Reacquired 8,000 common shares for $8.50 per share. 2021 Jan. 31 Issued 60,000 common shares in exchange for land. The land's fair value was $540,000. Mar. 31 Profit for the year ended March 31, 2021, was $923,000. (a) Your answer is correct. Calculate the weighted average number of common shares for the year. Weighted average number of common shares 485000 (b) Your Answer Correct Answer (Used) Assuming the preferred share dividends are one year in arrears, calculate the earnings per share if no preferred dividends are declared during the year. (Round answer to 2 decimal places, eg. 52.75.) Earnings per share $ 1.75 (c) What is the total number of common shares issued on March 31, 2021? Number of common shares issued