Please full calculation and explanation.

luye ghares outstanding and earnings per share LO3 exce CHECK FIGURE: Weighted-average outstanding shares 93,000 Horticultural Products Inc. reported $889,800 profit in 2017 and declared preferred dividends of $79,800. The following changes in common shares outstanding occurred during the year Jan. Mar. Aug. Nov. 1 1 1 1 60,000 common shares were outstanding. Declared and issued a 30% common share dividend. Sold 20,000 common shares. Sold 40,000 common shares. Calculate the weighted-average number of common shares outstanding during the year and earnings per share. Round calculations to two decimal places