11

Dublin Inc. had the following common stock record during the current calendar year:

Outstanding-beginning of year	2,800,000
Additional share issued 6/30	240,000
Additional share issued 9/30	240,000

A 13% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS?

a) 3,435,200

b) 3,299,600

c) 2,980,000

d) 3,367,400