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ABC Corporation had 200,000 common shares and 120,000 2% cumulative preferred shares outstanding on January 1, 2021. On April 1, ABC issued an additional 80,000
ABC Corporation had 200,000 common shares and 120,000 2% cumulative preferred shares outstanding on January 1, 2021. On April 1, ABC issued an additional 80,000 shares. On July 1, the company repurchased and cancelled 60,000 common shares, and on October 1 issued an additional 30,000 common shares. What is the weighted average of the number of shares outstanding for 2021? Round to whole numbers. Do not use dollar signs, decimals or commas. Example: 100000 Your Answer: Answer The tax rate was 32% in 2020 and was 34% in 2021. These rates were not known or enacted in advance. Renter Co. had a prepaid rent balance of $36,000 at December 31, 2020 and $14,000 at December 31, 2021. Renter Co. has adopted IFRS. At December 31, 2021, what amount will the DIT Expense account be debited or credited for as part of the deferred tax entries? Do not use brackets, commas or dollar signs. Round to the nearest dollar. Your
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