E V education.wiley.com + 88 ACCT120B Practice Problems Chapter 16.xIsx: ACCT 120B (07) - Intermed Acc... W NWP Assessment Player UI Application HW#16 ... View Policies Current Attempt in Progress Swifty Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,480,000 shares of $10 par common stock. At no time has Swifty issued any potentially dilutive securities. Listed below is a summary of Swifty's common stock activities. 1 . Number of common shares issued and outstanding at December 31, 2018 1,900,000 2 . Shares issued as a result of a 10% stock dividend on September 30, 2019 190,000 3. Shares issued for cash on March 31, 2020 2,130,000 Number of common shares issued and outstanding at December 31, 2020 4,220,000 4. A 2-for-1 stock split of Swifty's common stock took place on March 31, 2021 (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 eTextbook and Media