Exercise 16-16 On January 1, 2012, Chang Corp. had 500,000 shares of common stoc

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Exercise 16-16 On January 1, 2012, Chang Corp. had 500,000 shares of common stock outstanding. During 2012, it had the following transactions that affected the Common Stock account. February 1 Issued 127,000 shares March 1 Issued a 20% stock dividend May 1 Acquired 101,000 shares of treasury stock June 1 Issued a 3-for-1 stock split October 1 Reissued 71,100 shares of treasury stock Determine the weighted-average number of shares outstanding as off December 31, 2012. The weighted-average number of shares outstanding Help I need the solution to weighted-average number of shares outstanding

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