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On Jary $1,2023,$ Ivanhoe Manufacturers had $246,000$ common shares outstanding. On April $1,$ the corporation issued $24,600$ new common shares to raise additional capital. On July $1,$ the corporation declared and distributed a $10\%$ stock dividend on its common shares. On November $1,$ the corporation repurchased on the market $11,700$ of its own outstanding common shares to make them available for issuances related to its key executives' outstanding stock options.

$($a$)$

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Calculate the weighted average number of shares outstanding as at December $31,2023.($Round answer to O decimal places, eg$.5,255.)$

Weighted average number of shares outstanding

shares