Use the above video link to answer the following questions. 1. Marcy Company had 30,000 shares of common stock at the beginning of the year. On July 1, it issued 3,000 shares; on November 2, it issued another 3,000 shares; and on December 1, it reacquired 1,000 shares of treasury stock. What is its weighted average number of shares for the year? a. 35,000 b. 33,000 c. 32,083 d. 31,917 2. Marcy Company had net income of $60,000, paid preferred dividends of $3,000, had weighted average number of common shares of 30,000, and had preferred shar of 1,500. What is the basic earnings per share? < a. $3.00 b. $2.11 c. $2.00 d. $1.90