Sandhill Limited had 41,700 common shares outstanding on January 1, 2020. On March 1, 2020, Sandhill...

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Sandhill Limited had 41,700 common shares outstanding on January 1, 2020. On March 1, 2020, Sandhill issued 19,800 shares in exchange for equipment. On July 1, Sandhill repurchased and cancelled 9,900 shares. On October 1, 2020, Sandhill declared and issued a 10% stock dividend. Calculate the weighted average number of shares outstanding for Sandhill for the year ended December 31, 2020. (Round answer to O decimal places, eg. 5,275.) Weighted average number of shares outstanding shares Sandhill Limited had 41,700 common shares outstanding on January 1, 2020. On March 1, 2020, Sandhill issued 19,800 shares in exchange for equipment. On July 1, Sandhill repurchased and cancelled 9,900 shares. On October 1, 2020, Sandhill declared and issued a 10% stock dividend. Calculate the weighted average number of shares outstanding for Sandhill for the year ended December 31, 2020. (Round answer to O decimal places, eg. 5,275.) Weighted average number of shares outstanding shares