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On January 1, 2020, Syria Corp. had 480,000 ordinary shares outstanding. During 2020, it had the following transactions that affected the ordinary share account. February

On January 1, 2020, Syria Corp. had 480,000 ordinary shares outstanding. During 2020, it had the following transactions that affected the ordinary share account. February 1: Issued 120,000 shares April 1 Issued a 20% share dividend May 1 Acquired 100,000 treasury shares June 1 : Issued a 3-for-1 share split December 1: Reissued 60,000 treasury shares 2 points Determine the weighted average number of shares outstanding as of December 31, 2020. Your answer

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