The Maranata Production Company showed the following share activity for the year ended $2012$

Date Share Activity

January $1$st Beginning Share Balance was $126,000$

April $1$st Issued $42,000$ shares for Cash

July $1$st Purchased $54,600$ Shares

November $1$st Issued $84,000$ shares for Cash

Required: Compute the weighted average number of shares outstanding at the end of the year