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On January 1, 2019, Gala Ltd. had 120,000 common shares outstanding. During 2019, it had the following transactions that affected the common share account: Mar.

On January 1, 2019, Gala Ltd. had 120,000 common shares outstanding. During 2019, it had the following transactions that affected the common share account: Mar. 1 Issued 90,000 shares. Apr. 1 Issued a 10% stock dividend. Sep. 1 Acquired 90,000 common shares and retired them. The company's year- end is December 31

Instructions : Determine the weighted average number of shares outstanding as at December 31, 2019

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