* Common Shares 1,250,000 January 1, 2019 Shares outstanding (Beginning) April 1, 2019 Shares issued July 1, 2019 Treasury shares purchased 200,000 (75,000) October 1, 2019 Shares dividend 20% December 31, 2019 Shares issued 10,000 ** Preference Shares:10%, $100, 1,000 shares issued ** Net Income for the year 2019: $2,500,000 **Dividends per common shares 51 per share, **Market price for common shares at December 31, 2019 $9.5 per share. Compute: The weighted average number of shares outstanding for 2019 1,562,500 1,635,000 1.645,000 1362.500 Type here to search 2