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Bridgeport Corporation began its latest fiscal year on January 1, 2021, with 450.000 common shares outstanding. During the year, the following events occurred: On February
Bridgeport Corporation began its latest fiscal year on January 1, 2021, with 450.000 common shares outstanding. During the year, the following events occurred: On February 1 Bridgeport sold 14,000 additional common shares. The company declared and issued a 25% stock dividend on March 1. On June 1. Bridgeport repurchased and cancelled 3,500 common shares An additional 4700 common shares were issued on July 1. On September 1 Bridgeport declared and issued a three-for-one stock split On December 1, Bridgeport issued an additional 15,000 shares. Following the fiscal year, Bridgeport declared and issued a two-for-one stock split on February 1, 2022. The company issued its 2021 financial statements on April 30, 2022. Calculate the weighted average number of common shares that Bridgeport should use for calculating its EPS numbers for 2021 Weighted average number of common shares e Textbook and Media
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