$21.$

Cullumber Co$.$ has $4720000$ shares of common stock outstanding on December $31,2024.$ An additional $192000$ shares are issued on April $1,2025,$ and $489000$ more on September $1.$ On October $1.$ Cullumber issued $$5980000$ of $10\%$ convertible bonds. Each $$1,000$ bond is convertible into $40$ shares of its common stock. No bonds have been converted. The number of shares to be used in computing basic earnings per share and diluted earnings per share, respectively, on December $31,2025$ are

$5027000$ and $5086800.$

$5796600$ and $5230800.$

$5027000$ and $3051600$

$5027000$ and $5027000.$

$$

Attempts: $0$ of $1$ used $$