Current Attempt in Progress

Vaughn Inc. uses a calendar year for financial reporting. The company is authorized to issue $9,000,000$ shares of $$12$ par common

stock. At no time has Vaughn issued any potentially dilutive securities$.$ Listed below is a summary of Vaughn's common stock activities.

Number of common shares issued and outstanding at December $31,2023$

A $2-$for$-1$ stock split of Vaughn's common stock took place on March $31,2026$

$($a$)$

Compute the weighted$-$average number of common shares used in computing earnings per common share for $2024$ on the $2025$

comparative income statement.

Current Attempt in Progress

On January $1,2026,$ Oriole Corp. had $459,000$ shares of common stock outstanding. During $2026,$ it had the following transactions

that affected the common stock account.

February $1$ Issued $123,000$ shares

March $1,$ Issued a $10\%$ stock dividend

May $1$ Acquired $101,000$ shares of treasury stock

June $1,$ Issued a $3-$for$-1$ stock split

October $1$ Reissued $57,000$ shares of treasury stock

$($a$)$

Determine the weighted$-$average number of shares outstanding as of December $31,2026.$

The weighted$-$average number of shares outstanding