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Albatross Shipping had 100,000 shares of common stock outstanding on January 1. On September 1, Albatross issued an additional 30,000 common shares. Albatross has no

Albatross Shipping had 100,000 shares of common stock outstanding on January 1. On September 1, Albatross issued an additional 30,000 common shares. Albatross has no treasury stock. The weighted average number of common shares outstanding for the year was

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