Exercise 16-16 (Part Level Submission) On January 1, 2018, Sunland Corp. had 491,000 shares of common stock outstanding. During 2018, it had the following transactions that affected the Common Stock account. February 1 Issued 116,000 shares March 1 May 1 June 1 October 1 ed 59,000 shares of treasury stock Issued a 10% stock dividend Acquired 96,000 shares of treasury stock Issued a 3-for-1 stock split (a) Determine the weighted-average number of shares outstanding as of December 31, 2018. The weighted-average number of shares outstanding