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The following events take place during the current year: January 1 40,000 shares of common stock outstanding March 1 Declares and distributes a 3 to

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The following events take place during the current year: January 1 40,000 shares of common stock outstanding March 1 Declares and distributes a 3 to 1 stock split May 1 Purchases 13,000 shares of stock for treasury Sells 10,000 shares of treasury stock October 1 Declares and issues a 20% stock dividend Compute the weighted average number of shares to be used for computing EPS by completing the below table. July 1 7 A- B I Date Change # of shares Months Restatement Total

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