Newton Inc. uses a calendar year for financial reporting. Listed below is a summary of Newton's common stock activities. At no time has Newton issued any potentially dilutive securities. Newton has 2,000,000 authorized shares of $10 par value common stock. a) On December 31, 2019 there were 1,000,000 shares outstanding. b) On April 1, 2020, Newton declared a 15% stock dividend. c) On July 1, 2020 Newton issued 40,000 shares for cash. What is the weighted average number of common shares outstanding for 2020? Round your answer to the nearest whole number. Dot not use dollar signs($) or commas(,) A/