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On Jan. 1 the balance of outstanding shares was 60,000. On Mar. 1. Blue Co. issued 60,000 shares for cash. On July 1, Blue purchased

On Jan. 1 the balance of outstanding shares was 60,000. On Mar. 1. Blue Co. issued 60,000 shares for cash. On July 1, Blue purchased 50,000 shares in a stock buyback. What is the weighted average number of shares outstanding

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