Sunland Realty Ltd. is a land developer with a calendar year end. When Sunland needs capital to buy land, it often issues common shares, and once cash is obtained on large land sales, shares are often repurchased. Profit for the year ended December 31, 2024, was $944,789. Sunland's board of directors declared and paid the annual dividend to its preferred shareholders. Sunland reported the following information related to its shareholders' equity on January 1, 2024. $2 cumulative preferred shares, unlimited number of shares authorized, 193,511 shares issued Common shares, unlimited number of shares authorized, 550,000 shares issued $4,400,000 3,322,000 Contributed surplus-reacquisition of common shares Retained earnings Common shares issuances and reacquisitions were as follows for 2024 Feb.1 Issued 15,600 shares May 31 Reacquired 10,800 shares July 31 issued 30,000 shares Nov. 1 Issued 6,000 shares Dec. 1 Reacquired 21,600 shares Calculate the weighted average number of common shares for 2024 Weighted average number of common shares 21,000 5,254,000