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On January 1, Buchanan Corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August

On January 1, Buchanan Corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split. On December 1, the company issued an additional 6,000 shares. What is the denominator in the earnings per share calculation?

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