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Blossom Inc. uses a calendar year for financial reporting. The company is authorized to issue...

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Accounting

Blossom Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,770,000 shares of $10 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 31,2018
2,050,000
Shares issued as a result of a 10% stock dividend on September 30,2019
Shares issued for cash on March 31,2020
Number of common shares issued and outstanding at December 31,2020
205,000
1,910,000
4,165,000?
A 2-for-1 stock split of Blossom's common stock tookplace on March 31,2021
(a)
Your answer is incorrect.
Compute the weighted-average number of common shares used in computing earnings per common share for 2019 on the 2020
comparative income statement.
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