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Please solve as soon as possible. At January 1, 2023, Elan Corporation had 300,000 common shares outstanding (no prelerred issued). On March 1, the corporation

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At January 1, 2023, Elan Corporation had 300,000 common shares outstanding (no prelerred issued). On March 1, the corporation issued 45,000 new shares to raise additional capital. On July 1 , the corporation declared and issued a 2 for 1 stock split. On October 1 , the corporation purchased on the open market 180,000 of its own shares at $35 each and retired them. Instructions Calculate the weighted average number of common shares outstanding to be used in calculating earnings per share for 2023

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