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On January 1 , 2 0 2 3 , Cullumber Manufacturers had 3 7 8 , 0 0 0 common shares outstanding. On April 1

On January 1,2023, Cullumber Manufacturers had 378,000 common shares outstanding. On April 1, the corporation issued 37,800
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 8,100 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 31,2023.(Round answer to 0 decimal places, e.g.
5,255.)
Weighted average number of shares outstanding
shares
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