Using Excel to Determine Weighted Average Number of Shares Outstanding PROBLEM Sven Limited had common shares outstanding on January 1, 2023. On March 1, 2023, Sven issued additional shares in exchange for equipment. On July 1, Sven repurchased and cancelled shares. On October 1, 2023, Sven declared a 3-for-1 stock split. Common shares outstanding, January 1, 2020 Shares issued in exchange for equipment Shares cancelled Stock split 42,000 20,000 10,000 3 -for-1 Student Work Area Required: Provide input into cells shaded in yellow in this template. Use cell references with a mathematical formula to the Problem area and work area as indicated. Calculate the weighted average number of shares outstanding for Laurin for the year ended December 31, 2023. Event Dates Outstanding Beginning balance Jan. 1-Mar. 1 Issued shares Mar. 1-July 1 Reacquired shares July 1-Dec.31 Shares Outstanding Restatement Weighted average number of shares outstanding Months Number of Weighted Shares