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Student Support Help Desk Time left 0:13:34 Quiz A corporation reported $1,500,000 of profit for 2021. On October 1st 2021 it declared and paid the annual preferred 7 dividends of $120,000. On January 1, 2021 this corporation had 60,000 and 180,000 outstanding common and preferred shares, respectively. The following transactions changed the number of Finish ai shares outstanding during the year. March 1st Declared and issued a 15% common share dividend May 31st Sold 90,000 common shares for cash August 1st Sold 25,000 preferred shares for cash November 30th Sold 40,000 common shares for cash on What is the weighted average number of common shares for the year? Round to the nearest whole share. ws Select one: O a. 199,000 O b. 123,333 O c. 121,587 O