Blossom Inc. uses a calendar year for financial reporting. The company is authorized to issue shares of $ par common
stock. At no time has Blossom issued any potentially dilutive securities Listed below is a summary of Blossom's common stock
activities.
Number of common shares issued and outstanding at December
Shares issued as a result of a stock dividend on September
Shares issued for cash on March
Number of common shares issued and outstanding at December
A for stock split of Blossom's common stock tookplace on March
a
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Compute the weightedaverage number of common shares used in computing earnings per common share for on the
comparative income statement.
