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On January 1, 2018, Sunland Company had 377000 shares of its $2 par value common stock outstanding. On March 1, Sunland sold an additional 751000
On January 1, 2018, Sunland Company had 377000 shares of its $2 par value common stock outstanding. On March 1, Sunland sold an additional 751000 shares on the open market at $20 per share. Sunland issued a 20% stock dividend on May 1. On August 1, Sunland purchased 418000 shares and immediately retired the stock. On November 1, 601000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2018? (Rounded to the nearest dollar.)
| 1129400 |
| 719468 |
| 519468 |
| 1536600 |
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