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1 8 . Sunland Co . had 7 9 7 0 0 0 shares of common stock outstanding on January 1 , issued 1 2

18.
Sunland Co. had 797000 shares of common stock outstanding on January 1, issued 121000 shares on May 1, purchased 63000 shares of treasury stock on September 1, and issued 53000 shares on November 1. The weighted average shares outstanding for the year is
886500.
844500.
907500.
865500.
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