QUESTION 13 XYZ Co. had 80,000 ordinary shares outstanding on January 1, 2018. On March 1, the corporation issued an additional 20.000 shares. On September 1, the corporation declared and issued a 60% share dividend. On December 1, the corporation purchased on the market 5,000 of its own outstanding shares and retired them. Required: 2. Compute the weighted average number of shares to be used in computing earnings per share for 2018 (3 marks) d. Using the weighted average number of shares you calculated in requirement (a) above, assume that the corporation declared a dividend on its preferred shares for the amount of 2,000 for the year 2018 and net income for the year was 45,000. Calculats XYZ Co.' basic Earings Per Share for the year 2018 (3 marks) c. Briefly state the similarities and differences between a share split and a share dividend. (2 marks) TT T Ariat (12pt) 0 QUESTION 12 ABC Corporation performed the following transactions for the year 2019: January 1: Issued 10,000 shares of 10 par ordinary shares at 56. March 15: Issued 14,000 shares of 10 par preference shares in exchange for equipment with a fair market price of 210,00 June 15: Purchased 1000 shares of treasury shares at 25 (Treasury shares are recorded using the cost metho September 30: Sold 600 shares of treasury shares at 30. . December 1: Sold the remaining 400 shares of treasury shares at 17 Required: a. Journalize the transactions detailed above in the books of ABC Corporation for the year 2019. (4 marks) a. In no more than 5 lines, briefly state the difference(s) between a simple corporate capital structure and a complex corporate capital structure. (3 marks) d)