On January $1,$ Case Inc. had $360,000$ shares of common stock issued and outstanding. Case issued a $10\%$ stock dividend on July $1.$ On October $1,$ Case purchased $28,800$ shares of its common stock for the treasury. What is the number of shares that should be used in computing basic earnings per share for the year ended December $31?$

Retroactive

Actual Restatement for Equivalent Weighted

Shares Stock Dividend Shares Months Avg. Shares

Inclusive Dates Outstanding or Stock Split Outstanding Outstanding Outstanding

January $-$ June Answer

Answer

Answer

Answer

Answer

July $-$ September Answer

Answer

Answer

Answer

Answer

October $-$ December Answer

Answer

Answer

Answer

Answer

Answer

The number of shares for the basic EPS calculation is Answer

$.$