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Cullumber Limited had 48,000 common shares outstanding on January 1, 2023. On March 1, 2023, Cullumber issued 23,100 shares in exchange for equipment. On July
Cullumber Limited had 48,000 common shares outstanding on January 1, 2023. On March 1, 2023, Cullumber issued 23,100 shares in exchange for equipment. On July 1, Cullumber repurchased and cancelled 11,000 shares. Calculate the weighted average number of shares outstanding for Cullumber for the year ended December 31, 2023. (Round answer to Odecimal places, e.g. 5,125.) Weighted average number of shares outstanding
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