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A firm had the following numbers of shares outstanding during the year:
Based on this information, what is the weighted number of shares outstanding for the year?
Beginning of year 8,000,000 shares Issued on April 1 750,000 shares Paid stock divided of 20% on July 1 Issued on October 1 100,000 shares Purchased Treasury stock November 1 1,000,000 shares Split 2 for 1 on December 31