At January $1,2023,$ Sandhill Limited's outstanding shares included the following:

$281,000,$$$50$ par value, $6\%,$ cumulative preferred shares

$1,040,000$ commonshares

Net income for $2023$ was $$2,057,400.$ No cash dividends were declared or paid during $2023.$ On February $15,2024,$ however, all preferred dividends in arrears were paid together with $210\%$ stock dividend on common shares. There were no dividends in arrears before $2023.$

On April $1,2023,560,000$ common shares were sold for $$10$ per share, and on October $1,2023,320,000$ common shares were purchased for $$20$ per share.

The financial statements for $2023$ were issued in March $2024$

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Calculate the weighted average number of common shares outstanding for the vear ended December $31.2023.$

$($a$)$

$x$ Your answer is incorrect.

Calculate the weighted average number of common shares outstanding for the vear ended December $31.2023.$

Weighted average number of shares outstanding $$