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On January 1, 2026, Cullumber Corp. had 502.000 shares of common stock outstanding. During 2026, it had the following transactions that affected the common
On January 1, 2026, Cullumber Corp. had 502.000 shares of common stock outstanding. During 2026, it had the following transactions that affected the common stock account. February 11 Issued 125,000 shares March 1 Issued a 10% stock dividend May 1 Acquired 98,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 58,000 shares of treasury stock (a) Determine the weighted average number of shares outstanding as of December 31, 2026 The weighted-average number of shares outstanding
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