The equity section of XYZ Limited balance sheet for 2020 and 2021 showed the following information:

	2021	2020
Contributed Capital:
Common Shares issues and outstanding 18,900 and 8,500 respectively	$268,920	$240,000
Retained Earnings	480,000	162,000
Total Equity	$748,920	$402,000

The following occurred during 2021:

Feb. 15	A $0.48 per share cash dividend was declared. The cash dividend was paid to the shareholders of record on March 1st. The cash dividends were paid out five days later.
Mar. 2	500 common shares were issued at $27.60 per share
May 15	A $0.48 per share cash dividend was declared. The cash dividend was paid to the shareholders of record on June 1st. The cash dividends were paid out five days later.
Aug. 15	A 2:1 share split was declared and was distributed to shareholders of record five days later
Oct. 4	A 5% share dividend was declared when the market value was $16.80 per share. The dividend shares were issued on October 20th.
Nov. 15	A $0.48 per share cash dividend was declared and the cash dividend was paid to the shareholders of record on November 20th. The cash dividends were paid out five days later.

Required:

1. Determine the number of shares outstanding on each of the cash dividend dates.
2. How much profit did XYZ Limited earn in 2021?