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Brief Exercise 16-10 Blue Corporation had 111,600 shares of stock outstanding on January 1, 2017. On May 1, 2017, Blue issued 62,400 shares. On July

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Brief Exercise 16-10 Blue Corporation had 111,600 shares of stock outstanding on January 1, 2017. On May 1, 2017, Blue issued 62,400 shares. On July 1, Blue purchased 9,720 treasury shares, which were reissued on October 1. Compute Blue's weighted-average number of shares outstanding for 2017 Weighted-average number of shares outstanding Click if you would like to Show Work for this

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