Select Corporation was incorporated on January $2.$ The following information pertains to Select Corporation's common stock transactions.

Jan. $2$ Number of shares authorized $450,000$

Jan. $2$ Number of shares issued $153,000$

Jul. $1$ Number of shares reacquired but not canceled $9,000$

Sept. $1$ Two$-$for$-$one stock split

Dec. $1$ Reissued shares of treasury stock $9,000$

Required

a$.$ Determine the weighted$-$average number of shares of Select Corporation's common stock outstanding.

Note: Round amount to the nearest whole number.

Number of shares Answer $1$

$0$

b$.$ Compute earnings per share considering the following additional information:

Net income: $$660,000$

Preferred stock, $5\%,$ cumulative $9,000$ shares outstanding, $$10$ par value per share

Preferred stock dividends declared during the year: $$0$

Note: Enter the earnings per share amount in dollars and cents, rounded to