X Your answer is incorrect. Novak Corporation began its latest fiscal year on January 1, 2021, with 470,000 common shares outstanding. During the year, the following events occurred: . On February 1, Novak sold 16,200 additional common shares. The company declared and issued a 25% stock dividend on March 1. On June 1, Novak repurchased and cancelled 4,050 common shares. An additional 5,000 common shares were issued on July 1. On September 1, Novak declared and issued a three-for-one stock split. On December 1, Novak issued an additional 16,200 shares. Following the fiscal year, Novak declared and issued a two-for-one stock split on February 1, 2022. The company issued its 2021 financial statements on April 30, 2022. Calculate the weighted average number of common shares that Novak should use for calculating its EPS numbers for 2021. 1109550 Weighted average number of common shares