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Problem 1: Lad Corp had 10,000 shares of common stock outstanding on January 1, 2010. On March 3, 2010, Lad Corp purchased back 1,000 its own shares and put them in treasury. On August 30, 2010, Lad Corp resold 500 shares of treasury shares. On November 1, 2010, Lad Corp had a 2-for-1 split. On Dec 14, 2010, Lad Corp declared a 10% stock dividends. What should be the number of common shares outstanding at the end of 2010?
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