Brief Exercise 16-10 Cheyenne Corporation had 121,200 shares of stock outstanding on January 1, 2017. On May 1, 2017, Cheyenne issued 55,200 shares. On July 1, Cheyenne purchased 9,480 treasury shares, which were reissued on October 1 Compute Cheyenne's weighted-average number of shares outstanding for 2017 Weighted-average number of shares outstanding