On January 1^st, 2020, Baker Pump Corporation had 100,000 shares of common stock outstanding. On March 1^st the corporation issued 50,000 additional common shares to raise cash. On July 1^st, the corporation declared and issued a 4% stock dividend. On October 1^st, the corporation purchased on the market 3,000 shares of its own outstanding stock. On November 30^th, the corporation issued a 3:1 stock split.

Instructions

Compute the weighted average number of shares to be used in computing earnings per share for 2020.