On January 1, 2021, Indigo Corp. had 502,000 shares of common stock outstanding. During 2021, it...

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On January 1, 2021, Indigo Corp. had 502,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 97,000 shares of treasury stock Issued a 3-for-1 stock split June 1 October 1 Reissued 62,000 shares of treasury stock (a) Your answer is incorrect. Determine the weighted-average number of shares outstanding as of December 31, 2021. The weighted-average number of shares outstanding 1,778,100 On January 1, 2021, Indigo Corp. had 502,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. February 1 Issued 125,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 97,000 shares of treasury stock Issued a 3-for-1 stock split June 1 October 1 Reissued 62,000 shares of treasury stock (a) Your answer is incorrect. Determine the weighted-average number of shares outstanding as of December 31, 2021. The weighted-average number of shares outstanding 1,778,100