24) Boston Corp. had 500,000 shares of common stock outstanding on January 1, 2021. On March 1, Boston issued 30,000 shares. Compute the weighted-average number of shares outstanding if the 30,000 shares were issued in a 10% stock dividend.

25) Albany Corp. earned net income of $500,000 in 2021 and had 100,000 shares of common stock outstanding throughout the year. Also outstanding all year was $800,000 of 8% bonds, which are convertible into 20,000 shares of common. Albanys tax rate is 30%. Compute Albanys 2021 diluted earnings per share.

26) The following information is available for ABC Corporation:

January 1, 2021 Shares outstanding 4,000,000 April 1, 2021 Shares issued 640,000 October 1, 2021 Treasury shares purchased 240,000 The number of shares to be used in computing earnings per common share for 2021 is?