On January $1,2026,$ Cullumber Corp. had $502,000$ shares of common stock outstanding. During $2026,$ it had the following transactions that affected the common stock account.

$\backslash$table$[[$February $1,$Issued $125,000$ shares$],[$March $1,$Issued a $10\%$ stock dividend$],[$May $1,$Acquired $98,000$ shares of treasury stock$],[$June $1,$Issued a $3-$for$-1$ stock split$],[$October $1,$Reissued $58,000$ shares of treasury stock$]]$

$($a$)$

Your answer is incorrect.

Determine the weighted$-$average number of shares outstanding as of December $31,2026.$

The weighted$-$average number of shares outstanding