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Indigo Corporation had 116,400 shares of stock outstanding on January 1, 2020. On May 1, 2020, Indigo issued 68,400 shares. On July 1, Indigo purchased

Indigo Corporation had 116,400 shares of stock outstanding on January 1, 2020. On May 1, 2020, Indigo issued 68,400 shares. On July 1, Indigo purchased 9,240 treasury shares, which were reissued on October 1. Compute Indigo's weighted average number of shares outstanding for 2020. Weighted average number of shares outstanding

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