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On January 1, 2020, Nichols Corporation had 500,000 shares of common stock outstanding. During 2020 there were the following changes: Mar 1 Issued 150,000 shares

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On January 1, 2020, Nichols Corporation had 500,000 shares of common stock outstanding. During 2020 there were the following changes: Mar 1 Issued 150,000 shares Apr 1 Issued a 15% stock dividend May 1 Acquired 50,000 shares of treasury stock July 1 Issued a 2-1 stock split Oct 1 Reissued 60,000 shares of treasury stock Instructions: Compute the weighted average shares outstanding for 2020

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