Cullumber Limited had 41,100 common shares outstanding on January 1, 2020. On March 1, 2020, Cullumber issued 20,100 shares in exchange for equipment. On July 1, Cullumber repurchased and cancelled 11,100 shares. On October 1, 2020, Cullumber declared a 5-for-1 stock split Calculate the weighted average number of shares outstanding for Cullumber for the year ended December 31, 2020. shares Weighted average number of shares outstanding