Exercise 16-15 (Part Level Submission) Coronado Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,210,000 shares of $12 par common stock. At no time has Coronado issued any potentially dilutive securities. Listed below is a summary of Coronado's common stock activities. 1. 2. Number of common shares issued and outstanding at December 31, 2018 Shares issued as a result of a 12% stock dividend on September 30, 2019 Shares issued for cash on March 31, 2020 Number of common shares issued and outstanding at December 31, 2020 A 2-for-1 stock split of Coronado's common stock took place on March 31, 2021 2,040,000 244,800 1,870,000 4,154,800 3. 4. (a) Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. | shares Click if you would like to Show Work for this question: Open Show Work Attempts: 0 of 3 used