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16M 1. (20 pts) Altoona Company began the year with 200,000 shares of $5 par common stock. On April 1, they issued 120,000 shares.

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16M 1. (20 pts) Altoona Company began the year with 200,000 shares of $5 par common stock. On April 1, they issued 120,000 shares. On July 1, they issued 60,000 shares. On September 1, Altoona experienced a 3 for 1 stock split, and on October 1, they repurchased 20,000 shares and placed them in the treasury. Prepare a schedule showing the weighted average shares for the year to be used in earnings per share calculations. sisde 190 212 16 them at otni bote yensnt to estere 000, blaza.A

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