At January 1, 2014, Stevenson Inc

Essay

At January 1, 2014, Stevenson Inc. had the following shares authorized and issued:
During 2014, Stevenson had the following share transactions:
Feb 1 Issued 5,000 preferred shares.
Apr 1 Issued 20,000 common shares.
Aug 1 Issued 18,000 common shares.
Dec 1 Issued 6,000 common shares.
On December 31, Stevenson declared a $9 per share dividend on all issued preferred shares. Stevenson's 2014 profit was $435,000.
Instructions
a. Calculate the weighted average number of common shares in 2014.
b. Calculate the profit available to common shareholders for 2014.
c. Calculate the 2014 earnings per share.