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ine anuary 1, 202 following share transactions took place during the 2021 year: 1. On May 1, 2021, Yellowstone Industries Inc. repurchased 15,700 of its common shares at $26 per share and retired them. 2. On August 1, 2021, Yellowstone Industries Inc. issued 149,000 new common shares to raise funds for expansion. 3. On October 1, 2021, Yellowstone Industries declared and issued a 4% stock dividend on its common shares. 4. On November 1, 2021, Yellowstone Industries declared and issued a 3-for-1 stock split on its common shares. 4. On November 1, 2021, Yellowstone Industries declared and issued a 3-for-1 stock split on its common shares. Required: Calculate the weighted average number of common shares outstanding for the year ended December 31, 2021. (5 marks) ine anuary 1, 202 following share transactions took place during the 2021 year: 1. On May 1, 2021, Yellowstone Industries Inc. repurchased 15,700 of its common shares at $26 per share and retired them. 2. On August 1, 2021, Yellowstone Industries Inc. issued 149,000 new common shares to raise funds for expansion. 3. On October 1, 2021, Yellowstone Industries declared and issued a 4% stock dividend on its common shares. 4. On November 1, 2021, Yellowstone Industries declared and issued a 3-for-1 stock split on its common shares. 4. On November 1, 2021, Yellowstone Industries declared and issued a 3-for-1 stock split on its common shares. Required: Calculate the weighted average number of common shares outstanding for the year ended December 31, 2021

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