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1. Blue Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,680,000 shares of $10 par common stock. At no time has Blue issued any potentially dilutive securities. Listed below is a summary of Blue's common stock activities. Number of common shares issued and outstanding at December 31, 2018 2.160,000 Shares issued as a result of a 10% stock dividend on September 30, 2019 216,000 Shares issued for cash on March 31, 2020 1.810.000 Number of common shares issued and outstanding at December 31, 2020 4,186,000 A 2-for-1 stock split of Blue's common stock took place on March 31, 2021 2 3. 4 (a) Compute the weighted average number of common shares used in computing earnings per common share for 2019 on the 2020 comparative income statement shares b compute the weighted average computing earrings per common share number of common shares used in On' 2020 Income Statement. compare the weighted average number of common shares to be used in amputting earnings per common share for Statement. 2020 on the 2021 comparttie income o campurse the neighed average number Of common shares to be used in computing earning per commun chire for 2021 2021 comparatwe income statement, the