Question: Please show how to find answer. 1. You are provided the data below regarding shares outstanding during the year, Beginning of year number of outstanding

Please show how to find answer.

1. You are provided the data below regarding shares outstanding during the year, Beginning of year number of outstanding shares End of 1" quarter End of 2nd quarter End of 3rd quarter 40,000 20,000 Stock issuance 30,000 Stock issuance -12,000 Stock repurchase What is the weighted average number of shares outstanding to be used for EPS calculation at the end of the year, that is, end of the 4th quarter

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