Compute Weighted-Average Number of shares outstanding: Bee-Boy Honey Products began the current year with 70,000 common shares outstanding. The firm issued additional shares of 8,500 on June 1. On August 31 Bee-Boy implemented a 3 for 1 stock split. On September 1 the company issued another 15,000 shares. On December 1 the company purchased 600 shares of treasury stock. The firms year-end is December 31.

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