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pter 16 Homework 0.25/1 III Question 10 of 10 View Policies Show Attempt History Current Attempt in Progress On January 1, 2021. Bridgeport Corp. had 491,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account February 1 Issued 114,000 shares March 1 Issued a 10% stock dividend May 1 June 1 Acquired 103,000 shares of treasury stock Issued a 3-for-1 stock split Reissued 60.000 shares of treasury stock October 1 (a) Your answer is correct Determine the weighted average number of shares outstanding as of December 31, 2021 MacBook Air va Db DIA 3 a i + AY FB 1 SO 2 del 50 00. 1 0 & 7 $ 9 % 5 # 3 6 ! 1 4 2 a Chapter 16 Homework 0.25/1 Question 10 of 10 > Attempts: 1 of 5 used (b) Assume that Bridgeport Corp. earned net income of $3,619,000 during 2021. In addition, it had 98,000 shares of 9%$ 100 par nonconvertible, noncumulative preferred stock outstanding for the entire year. Because of liquidity considerations, however, the company did not declare and pay a preferred dividend in 2021. Compute earnings per share for 2021. using the weighted average number of shares determined in part (a). (Round answer to 2 decimal places 3.52.55J $ Erings Per Share e Textbook and Media Attempts: 0 of 5 used Suomes Save to Late c) The parts of this question must be completed in order. This part will be wailable when you complete the part above Lda MacBook Air $ 04 DO es $ F1 + S0 3 . esc F! . 1 0 A 6 9 8 $ 4 % 5 7 @ 2 ! 3