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Question 3 EPS Question Aug 1 Pioneering Inc had 1000 preferred shares, 63, issued in the beginning of the year 2020 The following changes in

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Question 3 EPS Question Aug 1 Pioneering Inc had 1000 preferred shares, 63, issued in the beginning of the year 2020 The following changes in common shares outstanding during the year [2020 10000 common shares were issued March 31 Sold 15000.common shares to sharcholders June ! Sold 2000 preferred shares Declared and issued a 10% common share dividend Oct 1 Repurchased 5500 shares Nov 1 Issued 7000 common shares Dec 1 Sold 2500 outstanding Preferred shares and 1200 common shares HINT: Read information from the beginning of the question Some additional information on the table below Tablet Revenue INO,000 5000 75000 Supplies Expense Cost of goods sold Prepaid insure expense Depreciation Expert Other expenses Repairs and maintenance 100 32000 Interest expense 5100 4800 17000 Required a) Calculate Preferred share Dividend b) Calculate the Net Income c) Calculate the weighted outstanding shares d) Calculate the Earning Per Share [ EPS]

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