Strict Fitness Ltd. has a December 31 year end. On January 1, 2023, the company had the following shareholders equity accounts.
Preferred Shares, $ 5 cumulative, unlimited number authorized,	$550,000
5,500 issued
Common Shares, unlimited number authorized, 160,000 issued	1,220,000
Retained Earnings	2,215,000
Accumulated Other Comprehensive Income	52,000
Strict Fitness Ltd. had the following transactions during 2023:
31-Jan	Issued 40,000 common shares at	$9.00	per share.
28-Feb	Issued 1,000 preferred shares at	$105	per share
31-Mar	Reacquired 30,000 Common Shares at	$10	per share
31-Aug	Issued 15,000 common shares at	$12	per share
For 2023, the company reported net income of	$600,000
and comprehensive income of	$675,000
Instructions: Note: USE Excel for linking the numbers from the above trial balance (link by using = and then clicking on the cell). Also use formulas in Excel for any calculations.
A) Record all of the transactions.
B) Prepare the Statement of Changes in Shareholders Equity.
C) Calculate Strict Fitness 2023 earnings per share. (Hint: weighted average number of common shares outstanding has to be calculated)