The shareholders' equity accounts of Cullumber Ltd. on April 1, 2023, the beginning of the fiscal year, are as follows: $8 cumulative preferred shares (17,000 issued) $1,190,000 Common shares (480,000 issued) Retained earnings Total shareholders' equity During the year, the following transactions occurred: 4,800,000 1,400,000 $7,390,000 2023 June 1 Reacquired 12,000 common shares for $11 per share. July 1 Issued 46,000 common shares for $12 per share. Reacquired 10,000 common shares for $11.50 per share. Sept. 30 Jan. 2024 31 Issued 60,000 common shares in exchange for land. The land's fair value was $720,000. Mar. 31 Profit for the year ended March 31, 2024, was $920,630. (a) Your answer is incorrect. Calculate the weighted average number of common shares for the year. Weighted average number of common shares