On January 1, 2020, Cullumber Manufacturers had 312,000 common shares outstanding. On April 1, the corporation issued 31,200 new common shares to raise additional capital. On July 1 , the corporation declared and distributed a 10% stock dividend on its common shares. On November 1, the corporation repurchased on the market 9,000 of its own outstanding common shares to make them available for issuances related to its key executives' outstanding stock options. Your answer is incorrect. Calculate the weighted average number of shares outstanding as at December 31,2020 . (Round answer to 0 decimal places, e.g. 5,255.) Weighted average number of shares outstanding shares Your answer is incorrect. Assume that Cullumber Manufacturers had a 1-for-10 reverse stock split instead of a 10% stock dividend on July 1,2020. Calculate the weighted average number of shares outstanding as at December 31,2020 . (Round answer to 0 decimal places, e.g. 5,255.) Weighted average number of shares outstanding shares