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On January 1, 2021, Skysong Corp. had 2,727,000 shares of common stock issued and outstanding. During 2021, it had the following transactions that related

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On January 1, 2021, Skysong Corp. had 2,727,000 shares of common stock issued and outstanding. During 2021, it had the following transactions that related to common stock. Mar. 1 Issued 234,000 shares in exchange for land Apr. 1 Acquired 189,000 shares of treasury stock July 1 Issued a 20% stock dividend Sept. 1 Reissued 226,800 shares of treasury stock (adjusted for 20% stock dividend) Oct. 1 Issued a 2-for-1 stock split (a) Your Answer Correct Answer (Used) Determine the weighted average number of shares outstanding as of December 31, 2021. The weighted average number of shares outstanding 6,823,800

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