Tamarisk Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,680,000 shares of $10 par common stock. At no time has Tamarisk issued any potentially dilutive securities. Listed below is a summary of Tamarisks common stock activities.

1. Number of common shares issued and outstanding at December 31, 2018 $2,160,000

2. Shares issued as a result of a 10% stock dividend on September 30, 2019 $216,000

3. Shares issued for cash on March 31, 2020 $1,810,000

Number of common shares issued and outstanding at December 31, 2020 $4,186,000

4. A 2-for-1 stock split of Tamarisks common stock took place on March 31, 2021