Monty Inc. uses a calendar year for financial reporting. The company is authorized to issue 9,640,000 shares of $10 par common stock. At no time has Monty issued any potentially dilutive securities. Listed below is a summary of Monty's common stock activities. Number of common shares issued and outstanding at December 31, 2015 2,140,000 Shares issued as a result of a 10% stock dividend on September 30, 2016 214,000 Shares issued for cash on March 31, 2017 2,160,000 Number of common shares issued and outstanding at December 31, 2017 4,514,000 A 2-for-1 stock split of Monty's common stock took place on March 31, 2018 Compute the weighted-average number of common shares to be used in computing earnings per common share for 2017 on the 2018 comparative income statement. 7948000 shares (d) Compute the weighted-average number of common shares to be used in computing earnings per common share for 2018 on the 2018 comparative income statement. shares