Question: Current Attempt in Progress Your answer is incorrect. Sheridan Corporation began its latest fiscal year on January 1 , 2 0 2 3 , with

Current Attempt in Progress
Your answer is incorrect.
Sheridan Corporation began its latest fiscal year on January 1,2023, with 540,000 common shares outstanding. During the year, the following events occurred:
- On February 1, Sheridan sold 15,200 additional common shares.
-\(\quad \) The company declared and issued a \(25\%\) stock dividend on March 1.
-\(\quad \) On June 1, Sheridan repurchased and cancelled 3,800 common shares.
- An additional 4,800 common shares were issued on July 1.
- On September 1, Sheridan declared and issued a three-for-one stock split.
- On December 1, Sheridan issued an additional 15,000 shares.
- Following the fiscal year, Sheridan declared and issued a two-for-one stock split on February 1,2024.
The company issued its 2023 financial statements on April 30,2024. Calculate the weighted average number of common shares that Sheridan should use for calculating its EPS numbers for 2023.
Weighted average number of common shares
Current Attempt in Progress Your answer is

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