Marvelex Ltd. had 7,000,000 common shares outstanding on 1 January 20X8. No shares were issued or retired during 20X8, which has a 31 December year-end. On 15 January 20X9, before the financial statements were finalized, a 1-for-4 reverse stock split took place. For each case, calculate the weighted average number of common shares to use in the calculation of basic EPS in 20X8