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Grouper Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,850,000 shares of $12 par common stock. At no time

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Grouper Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,850,000 shares of $12 par common stock. At no time has Grouper issued any potentially dilutive securities. Listed below is a summary of Grouper's common stock activities. Number of common shares issued and outstanding at 2080000 December 31, 2015 Shares issued as a result of a 12% stock dividend on September 30, 2016 Shares issued for cash on March 31, 2017 Number of common shares issued and outstanding at 4.399.600 December 31, 2017 A 2-for-1 stock split of Grouper's common stock took place on March 31, 2018 2. 1. 060,000 4 Your answer is incorrect. Try again. Compute the weighted-average number of common shares used in computing earnings per common share for 2016 on the 2017 comparative income statement. 200 shares Your answer is incorrect. Try again. Compute the weighted-average number of common shares used in computing earnings per common share for 2017 on the 2017 comparative income statement. lYour answer is incorrect. Try again. Compute the weighted-average number of common shares to be used in computing earnings per common share for 2017 on the 2018 comparative income statement. 3Your answer is incorrect. Try again. Compute the weighted-average number of common shares to be used in computing earnings per common share for 2018 on the 2018 comparative income statement

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