Question $1$

Autumn Corporation began the year with $140,000$ shares of common stock and $10,000$ shares of $6\%,$$$100$ par value

cumulative, non$-$convertible, preferred stock. On April $1,$ it declared a $10\%$ stock dividend on common shares. on December$1,$

Autumn declared a $2$ for $1$ stock split. On June $1,$ it purchased $15,000$ shares of treasury stock. On February $27,$ it issued an

additional $5,000$ shares of stock. $($include comma in your answer$)$

Use this information for the next several questions.

Compute the appropriate weighted average shares of common stock for the year. Question $2$

The number of shares of preferred stock that would be subtracted from net income would be$?$

$.($include comma in your answer$)$

Integer, decimal, or E notation allowed Question $3$

Given the above information, and if net income was $$500,000,$ the basic earnings per share would be calculated as:

A$.$ $$1\mathrm{.}52$

B$.$ $$1\mathrm{.}47$

C$.$ $$1\mathrm{.}42$

D$.$ $$1\mathrm{.}35$ Question $4$

Given the above information, the number of shares of common stock outstanding would be$?$

comma in your answer$).$