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Crane Corporation had135,600shares of stock outstanding on January 1, 2017. On May 1, 2017, Crane issued48,000shares. On July 1, Crane purchased10,800treasury shares, which were reissued

Crane Corporation had135,600shares of stock outstanding on January 1, 2017. On May 1, 2017, Crane issued48,000shares. On July 1, Crane purchased10,800treasury shares, which were reissued on October 1.

Compute Crane's weighted-average number of shares outstanding for 2017.

Weighted-averagenumber of shares outstanding =$________

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