The following $2,750,000 Net Income Transactions in Common Shares Change Cumulative Jan. 1, 2022, Beginning number 800,000 May 1, 2022, Purchase of treasury shares (90,000) 710,000 Sep. 1, 2022, Stock split 3-1 1,420,000 2,130,000 Oct. 1, 2022, Issuance of shares 340,000 2,470,000 7% Cumulative Convertible Preferred Stock Sold at par, convertible into 150,000 shares of common (already adjusted for split). $1,000,000 Stock Options Exercisable at the option price of $25 per share. Average market price in 2022, $37.50 (market price and option price already adjusted for split). Required: a) Compute weighted average shares outstanding for 2022. 75,000 shares