On January 1, Case Inc. had 540,000 shares of common stock issued and outstanding. Case issued a 10% stock dividend on July 1. On October 1, Case purchased 43,200 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? Actual Shares Retroactive Restatement for Stock Dividend Equivalent Shares Months Inclusive Dates Outstanding or Stock Split Outstanding Outstanding Outstanding January-June July-September October - December The number of shares for the basic EPS calculation is. Weighted Avg. Shares