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Intermediate 3 Corporation provides the following information for 2010, relating to its $5 par common...

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Accounting

Intermediate 3 Corporation provides the following information for 2010, relating to its $5 par common stock:
1/1 Outstanding shares 22,000
2/1 Sold for cash 28,000 shares
5/1 Purchased (12,500) treasury stock
8/125% stock dividend on outstanding shares
9/1 Sold 5,000 of the treasury stock
11/1 Stock split 3 for 1
Instruction: Compute the weighted-average number of shares.

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