Current Attempt in Progress Cullumber Inc., a publicly traded company, had 225,000 common...

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Accounting

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Cullumber Inc., a publicly traded company, had 225,000 common shares outstanding on December 31,2022. During 2023, the company issued 6,000 shares on May 1 and retired 12,000 shares on October 31. For 2023, the company reported net income of \(\$ 272,400\) after a loss from discontinued operations of \(\$ 36,320\)(net of tax).
(a)
Calculate the weighted average number of common shares.
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