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20. The following information is available for Vaughn Manufacturing: January 1, 2021 Shares outstanding 3,900,000 April 1, 2021 shares issued 632,000 July 1, 2021 Treasury

20. The following information is available for Vaughn Manufacturing: January 1, 2021 Shares outstanding 3,900,000 April 1, 2021 shares issued 632,000 July 1, 2021 Treasury Shares purchased 42,000 October 1, 2021 Shares issued in a 100% stock dividend 4,490,000 The number of shares to be used in computing earnings per common share for 2021 is:

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