Ivanhoe Limited had $41,400$ common shares outstanding on January $1,2023.$ On March $1,2023,$ Ivanhoe issued $19,200$ shares in exchange for equipment. On July $1,$ Ivanhoe repurchased and cancelled $11,400$ shares. On October $1,2023,$ Ivanhoe declared and issued a $9\%$ stock dividend.

Calculate the weighted average number of shares outstanding for Ivanhoe for the year ended December $31,$

$2023.($Round answer to $0$ decimal places, e$.$g$.5,275.)$

Weighted average number of shares outstanding