Blossom Corporation had 492,000 common shares outstanding on January 1, 2020. On May 1, Blossom issued 49,200 shares. Your answer is incorrect. Calculate the weighted average number of shares outstanding for the year ended December 31, 2020, if the 49,200 shares were issued for cash. (Round answer to 0 decimal places, e.g. 5,275.) shares Weighted average number of shares outstanding Calculate the weighted average number of shares outstanding for the year ended December 31, 2020, if the 49,200 shares were issued in a stock dividend. Weighted average number of shares outstanding shares