Ivanhoe Limited had 51,000 common shares outstanding on January 1, 2023. On March 1, 2023, Ivanhoe issued 29,100 shares in exchange for equipment. On July 1, Ivanhoe repurchased and cancelled 17,000 shares.

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. 5,125.)

Weighted average number of shares outstanding = ???