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Magenta Solutions Inc. had 1 0 0 , 0 0 0 ordinary shares outstanding on January 1 , 2 0 2 3 . On April

Magenta Solutions Inc. had 100,000 ordinary shares outstanding on January 1,2023. On
April 1,2023, Magenta issued an additional 80,000 shares. On June 1,2023, the company
declared and issued a three-for-one stock split. On July 1,2023, Magenta repurchased 80,000
ordinary shares and cancelled them. On October 1,2023, Magenta issued an additional 50,000
ordinary shares. On November 1,2023, Magenta declared and issued a 15% stock dividend.
Requirement
What was the weighted average number of ordinary shares outstanding in 2023?
Requirement. What was the weighted average number of ordinary shares outstanding in
2023?(Abbreviation used: WASO = Weighted average number of ordinary shares
outstanding. Complete all answer boxes. Do not round until the final answer. Then round the
contribution to WASO amounts to the nearest whole number.)
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