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Question 3 EPS Question Pioneering Inc had 1000 preferred shares, S3, issued in the beginning...

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Question 3 EPS Question Pioneering Inc had 1000 preferred shares, S3, issued in the beginning of the year 2020 The following changes in common shares outstanding during the year [2020 10000 common shares were issued March 31 Sold 15000.common shares to shareholders June 1 Sold 2000 preferred shares Aug 1 Declared and issued a 10% common share dividend Oct 1 Repurchased 5500 shares Nov! Issued 7000 common shares Dec 1 Sold 2500 outstanding Preferred shares and 1200 common shares HINT: Read information from the beginning of the question Some additional information on the table below Tablet Revenue 180,000 so 75000 6000 Supplies Expense Cost of goods soll Prepaid insurance expense Depreciation Expense Other expenses Repairs and maintenance expense Interest expense Tax 5100 4800 17000 Required a) Calculate Preferred share Dividend b) Calculate the Net Income c) Calculate the weighted outstanding shares d) Calculate the Earning Per Share EPS] [40 marks

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