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Jerry Co. had 450,000 shares of common stock outstanding on January 1, issued 48,000 shares on May 1, purchased 57,000 shares of treasury stock on

Jerry Co. had 450,000 shares of common stock outstanding on January 1, issued 48,000 shares on May 1, purchased 57,000 shares of treasury stock on September 1, and issued 24,000 shares on November 1. The weighted average shares outstanding for the year is Show all calculations. Credit is withheld, if backup calculations are not provided.

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