Following is the stockholders equity section from the Toyota Motor Corporation's balance sheet for the 2015 fiscal year, which ended on March 31, 2015.

Toyota Motor Corporation Shareholders' Equity (Millions of Yen)	March 31, 2015
Common stock, no par value: authorized 150,000,000 shares, issued
103,300,000 shares at March 31, 2015	1,033
Additional paid-in capital	369,171
Retained earnings	2,320,571
Accumulated other comprehensive income (loss)	6,455
Treasury stock, at cost: 17,664,000 shares at March 31, 2015	(834,774)
Total shareholders' equity	1,862,456

Required a. Toyota has repurchased 17,664,000 shares that comprise its March 31, 2015 treasury stock account. Compute the number of outstanding shares as of March 31, 2015. Answer

b. Assume that all of this treasury stock had been acquired in one purchase on July 1, 2014. What would have been the effect on the denominator of the basic EPS calculation? Round to nearest whole number. Answer