Tomba Group had 300,000 ordinary shares outstanding on January 1, 2019. On May 1, Tomba issued 30,000

Question:

Tomba Group had 300,000 ordinary shares outstanding on January 1, 2019. On May 1, Tomba issued 30,000 ordinary shares.
(a) Compute the weighted-average ordinary shares outstanding if the 30,000 shares were issued for cash.
(b) Compute the weighted-average ordinary shares outstanding if the 30,000 shares were issued in a share dividend.