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Maple Corporation's accounting year ends on 31 December. During the three most recent years, its common shares outstanding changed as follows: 2020 2019 2018




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Maple Corporation's accounting year ends on 31 December. During the three most recent years, its common shares outstanding changed as follows: 2020 2019 2018 Shares outstanding, 1 January 150,000 120,000 100,000 Shares sold, 1 April 2018 20,000 25% stock dividend, 1 July 2019 30,000 2-for-1 stock split, 1 July 2020 150,000 Shares sold, 1 October 2020 50,000 Shares outstanding, 31 December 350,000 150,000 120,000 Net earnings and comprehensive income $375,000 $330,000 $299,000 Required: 1. For purposes of calculating EPS at the end of each year, for each year independently, determine the weighted-average number of common shares outstanding. 1. For purposes of calculating EPS at the end of each year, for each year independently, determine the weighted-average number of common shares outstanding. Year Weighted Average Number of common shares Outstanding 2018 2019 2020

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