n January 1, 2020, Sheridan Manufacturers had 264,000 common shares outstanding. On April 1, the corporation issued 26,400 new common shares to raise additional capital. On July 1, the corporation declared and distributed a 10% stock dividend on its common shares. On November 1, the corporation repurchased on the market 9,000 of its own outstanding common shares to make them available for issuances related to its key executives outstanding stock options.

(a)

Calculate the weighted average number of shares outstanding as at December 31, 2020. (Round answer to 0 decimal places, e.g. 5,255.)

Weighted average number of shares outstanding

Enter your answer in accordance to the question statement shares