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On January 1 , 2 0 2 6 , Oriole Corp. had 2 , 7 8 1 , 0 0 0 shares of common stock

On January 1,2026, Oriole Corp. had 2,781,000 shares of common stock issued and outstanding. During 2026, it had the following
transactions that related to common stock.
Mar. 1 Issued 273,000 shares in exchange for land
Apr. 1 Acquired 183,000 shares of treasury stock
July 1 Issued a 20% stock dividend
Sept. 1 Reissued 219,600 shares of treasury stock
(adjusted for 20% stock dividend)
Oct. 1 Issued a 2-for-1 stock split
(a)
Determine the weighted-average number of shares outstanding as of December 31,2026.
The weighted-average number of shares outstanding
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