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Balm Co. had 100,000 shares of common stock outstanding as of January 1. The following events occurred during the year: 4/1 Issued 30,000 shares of

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Balm Co. had 100,000 shares of common stock outstanding as of January 1. The following events occurred during the year: 4/1 Issued 30,000 shares of common stock 6/1 Issued 36,000 shares of common stock. 7A Declared a 5% stock dividend.--VI00 9/1 Purchased as treasury stock 35,000 shares of its common stock. Balm used the cost method to account for the treasury stock Wha t is Balm's weighted average of common stock outstanding at December 31

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