text: please solve this? on january 1, a corporation had 36,000 shares of common stock outstanding.  on april 1 it reacquired 2,400 shares; on july 1 it issued 10,800 shares; on october 1 it issued another 9,600 shares; and on december 1 it reacquired 600 shares.  what is the weighted average number of common shares outstanding for the year? i am tempted to say common shares outstanding = (36000 - 2400 + 10800 + 9600 - 600) = 53400