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A portion of the combined statement of income and retained earnings of Crane Ltd . for the current year ended December 3 1 , 2

A portion of the combined statement of income and retained earnings of Crane Ltd. for the current year ended December 31,2023, follows:
Income before discontinued operations
Loss from discontinued operations, net of applicable income tax (Note 1)
$4,994,000
Net income
Retained earnings at beginning of year
572.000
4,422,000
23,260,00027,682,000
Dividends declared:
On preferred shares, $5.00 per share
$275,000
On common shares, $1.2 per share
1,980,000?2,255,000$25,427,000
Retained earnings at end of year
Note 1. During the year, Crane suffered a loss from discontinued operations of $572,000 after the applicable income tax reduction of $143,000.
At the end of 2023, Crane has outstanding 1.65 million common shares and 55,000 preferred shares.
April 1,2023, Crane issued 140 million common shares for $6 per share to help finance the loss.
At the end of 2023, Crane has cutstanding 1.65 million cammon shares a7d 55,000 preferred shares.
On April 1.2023, Crane issued 1.40 millinn common shares for $6 per share to help finance the loss.
(a)
Determine the weighted average numher of slares autstanding as at Decemier 31 :2023.
Weighted average number of shares autstanctine
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