Sandhill Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,490,000 shares of $10 par common stock. At no time has Sandhill issued any potentially dilutive securities. Listed below is a summary of Sandhill's common stock activities. 1. 2,170,000 2. 217,000 Number of common shares issued and outstanding at December 31, 2018 Shares issued as a result of a 10% stock dividend on September 30, 2019 Shares issued for cash on March 31, 2020 Number of common shares issued and outstanding at December 31, 2020 3 1,850,000 4,237,000 4. A 2-for-1 stock split of Sandhill's common stock took place on March 31, 2021 * Your answer is incorrect. Compute the weighted average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement. 238700 shares