On January 1, 2014, Wonsto Mining Corp. had 580,000 common shares issued and outstanding. On April 30,

Question:

On January 1, 2014, Wonsto Mining Corp. had 580,000 common shares issued and outstanding. On April 30, it issued an additional 220,000 shares and on October 1 it repurchased and cancelled 100,000 shares. Calculate Wonsto’s weighted-average shares outstanding for the year ended December 31, 2014. Round calculations to the nearest whole share.