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On January 1, 2018, Vaughn Manufacturing had 392000 shares of its $2 par value common stock outstanding. On March 1, Vaughn sold an additional 740000

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On January 1, 2018, Vaughn Manufacturing had 392000 shares of its $2 par value common stock outstanding. On March 1, Vaughn sold an additional 740000 shares on the open market at $20 per share. Vaughn issued a 20% stock dividend on May 1, On August 1, Vaughn purchased 417000 shares and immediately retired the stock. On November 1, 594000 shares were sold for $25 per share. What is the weighted-average number of shares outstanding for 2018? (Rounded to the nearest dollar.) 1135650 1535400 723449 523449

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