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Blueberry Data Systems begins 2020 with 140,000 shares outstanding on April 2, they issue another 40,000 shares. On September 1, they re-purchase and retire 12,000

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Blueberry Data Systems begins 2020 with 140,000 shares outstanding on April 2, they issue another 40,000 shares. On September 1, they re-purchase and retire 12,000 shares. Fill out the following chart and calculate the Weighted Average number of shares outstanding Period Outstanding Fraction of Weighted Shares Year Average Jan-Mar Blank 1 Blank 2/12 Blank 3 Apr-Aug Blank 4 Blank 5/12 Blank 6 Sep-Dec Blank 7 Blank 8/12 Blank 9 Weighted average outstanding shares Blank 10

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