On January 1, 2023, Blossom Ltd. had 620,000 common shares outstanding. During 2023, it had the following transactions that affected the common share account: Feb. 1 Issued 190,000 shares Mar. 1 Issued a 12% stock dividend May 1 Acquired 220,000 common shares and retired them June 1 Issued a 3-for-1 stock split Oct. 1 Issued 60,000 shares The company's year end is December 31. * Your answer is incorrect. Determine the weighted average number of shares outstanding as at December 31, 2023. (Round answer to O decimal places, e.g. 5,275.) Weighted average number of shares outstanding 3,692,871 shares Assume that Blossom earned net income of $3,365,100 during 2023. In addition, it had 110,000 of 11%, $100 par, non- convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023. Calculate earnings per share for 2023, using the weighted average number of shares determined above. (Round answer to 2 Get Answer -15.25) Earnings per share $ 0.97 eTextbook and Media Your answer is correct. Assume that Blossom earned net income of $3,365,100 during 2023. In addition, it had 110,000 of 11%, $100 par, non- convertible, cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023. Calculate earnings per share for 2023 using the weighted average number of shares determined above. (Round answer to 2 decimal places, e.g. 15.25.) Earnings per share $ 0.97 Your answer is incorrect. Assume that Blossom earned net income of $3,365,100 during 2023. In addition, it had 110,000 of 11 %, $100 par, non- convertible, non-cumulative preferred shares outstanding for the entire year. Because of liquidity limitations, however, the company did not declare and pay a preferred dividend in 2023. Assume that net income included a loss from discontinued operations of $224,340, net of applicable income tax. Calculate earnings per share for 2023. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Earnings per share 3,365,100 Income from continuing operations Loss from discontinued operations 224,340 Net income 3,140,760