A portion of the combined statement of income and retained earnings ofMetlockInc. for the current year follows.

Current Attempt in Progress Waterway Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,720,000 shares of $10 par common stock. At no time has Waterway issued any potentially dilutive securities. Listed below is a summary of Waterway's common stock activities. 1. Number of common shares issued and outstanding at December 31, 2018 1,910,000 2. Shares issued as a result of a 10% stock dividend on September 30, 2019 191,000 3. Shares issued for cash on March 31, 2020 1,830,000 Number of common shares issued and outstanding at December 31, 2020 3,931,000 4. A 2-for-1 stock split of Waterway's common stock took place on March 31, 2021 (a) Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. shares eTextbook and Media Attempts: 0 of 3 used