Following is the stockholders' equity section from the Toyota Motor Corporation's balance sheets for the 2018 fiscal year, which ended on March 31, 2018.

a. Toyota has repurchased 353,073,500 shares that comprise its March 31, 2018, treasury stock account. Compute the number of outstanding shares as of March 31, 2018.

b. Assume that all of this treasury stock had been acquired in one purchase on July 1, 2017. What would have been the effect on the denominator of the basic EPS calculation?

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Toyota Motor Corparation Shareholders' Equity (Millions of Yen) March 31, 2018 Common stock, no par value: authorized 10,000,000,000 shares in 2017 and 2018; issued: 3,262,997,492 shares at March 31, 2018...... Additional paid-in capital...... Retained eamings.. Accumulated other comprehensive income (loss).. Treasury stock, at cost: 353,073,500 shares at March 31, 2018 ¥ 397,050 487,502 19,473,464 435,699 (2,057,733) ...... Total Toyota Motor Corporation shareholders' equity... ¥18,735,982