Answer Happy

Ayayai Inc. uses a calendar year for financial reporting. The company is authorized to issue 8,320,000 shares of $12 par common stock. At no time has Ayayal issued any potentially dilutive securities. Listed below is a summary of Ayayal's common stock activities. Number of common shares issued and outstanding at December 31, 2018 Shares issued as a result of a 12% 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 4. A2-for-1 stock split of Ayayai's common stock took place on March 31, 2021 1. 2 3. (a) 2.140.000 256,800 2,030,000 4,426,800

* 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. 2364700 shares

(b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above.