1) CraneCorporation had 2020 net income of $1,222,000. During 2020,Cranehas not declared or paid any dividend on93,000cumulative preferred shares.Cranealso had230,000common shares outstanding during the year. The preferred shares pay an annual dividend of $3per share.

CalculateCrane's 2020 earnings per share.

2) SandhillCorporation had 2020 net income of $1.4million. During 2020,Sandhillpaid a dividend of $8per share on103,000preferred shares.Sandhillalso had150,000common shares outstanding during the year.

CalculateSandhill's 2020 earnings per share.

3) SunlandCorporation had 2020 net income of $1,404,000. During 2020,Sunlandhas not declared or paid any dividend on80,000non-cumulative preferred shares.Sunlandalso had240,000common shares outstanding during the year.

CalculateSunland's 2020 earnings per share.

4) TamariskCosmetic Inc. (ACI), a cosmetic product manufacturer, is a publicly listed company.ACI is preparing earnings per share data for 2020.The following is a summary of the activity for ACI during 2020:

540,000common shares issued and outstanding at December 31, 2019103,000common shares issued for cash on April 1, 2020Repurchased64,800common shares on June 1, 2020Two-for-one stock split on September 1, 2020

Calculate the weighted average number of shares outstanding for the year ended December 31, 2020.