Wildhorse Corporation had 480,000 common shares outstanding on January 1, 2020. On May 1, Wildhorse issued 48,000 shares. Calculate the weighted average number of shares outstanding for the year ended December 31, 2020, if the 48,000 shares were issued for cash. (Round answer to decimal places, e.g. 5,275.) shares Weighted average number of shares outstanding e Textbook and Media Calculate the weighted average number of shares outstanding for the year ended December 31, 2020, if the 48,000 shares were issued in a stock dividend. Weighted average number of shares outstanding shares