12. On January 1, Buchanan corporation had 50,000 shares of common stock outstanding. On April 1, the company declared a 20% stock dividend, and on August 1, the company had a 3-for-1 stock split. On December 1, the company issued an additional 6,000 shares. The denominator in the earnings per share calculation would be a. 186,000 b. 180,500 c. 180,000 d. 173,000 50000 S50003