Hogan Limited had 47,000 common shares outstanding on January 1, 2020 - On March 1, 2020, Hogan issued 22,000 shares on exchange for equipment. - On July 1 Hogan repurchased and cancelled 10,000 shares. - On October 1,2020, Hogan declared a 1 -for-2 stock split. Calculate the weighted average number of shares outstanding for Hogan for the year ended December 31 , 2020 ; Round to the nearest share