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Hogan Limited had 49,000 common shares outstanding on January 1, 2020. - On March 1, 2020, Hogan issued 26,000 shares on exchange for equipment. -

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Hogan Limited had 49,000 common shares outstanding on January 1, 2020. - On March 1, 2020, Hogan issued 26,000 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

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