NOT 267500 OR 53500

Sunland Limited had 42,600 common shares outstanding on January 1, 2023. On March 1, 2023, Sunland issued 20,100 shares in exchange for equipment. On July 1, Sunland repurchased and cancelled 11,700 shares. On October 1, 2023 , Sunland declared and issued a 11% stock dividend. Calculate the weighted average number of shares outstanding for Sunland for the year ended December 31, 2023. (Round answer to 0 decimal places, e.g. 5,275.) Weighted average number of shares outstanding shares eTextbook and Media Last saved 1 hour ago. Attempts: 2 of 3 used Saved work will be auto-submitted on the due date. Auto-submission can take up to 10 minutes. Using multiple attempts will impact your score. 5% score reduction after attempt 2