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Crane Inc. uses a calendar year for financial reporting. The company is authorized to issue 8 , 4 9 0 , 0 0 0 shares

Crane Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,490,000 shares of $10 par common stock.
At no time has Crane issued any potentially dilutive securities. Listed below is a summary of Crane's common stock activities.
Number of common shares issued and outstanding at December 31,2023,1,850,000
Shares issued as a result of a 10% stock dividend on September 30,2024,185,000
Shares issued for cash on March 31,2025
Number of common shares issued and outstanding at December 31,2025
A2-for-1 stock split of Crane's common stock took place on March 31,2026
(a)
Your answer is correct.
Compute the weighted-average number of common shares used in computing earnings per common share for 2024 on the 2025
comparative income statement.
shares
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Attempts: 1 of 5 used
(b)
Your answer is incorrect.
Compute the weighted-average number of common shares used in computing earnings per common share for 2025 on the 2025
comparative income statement.
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