32

View Policies Current Attempt in Progress Crane Company, had 820000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021, an additional 38000 shares of common stock were issued for cash. Crane also had unwxercised stock options to purchase 31000 shares of common stock at $15 per share outstanding at the beginning and end of 2021. The average market price of Crane's common stock was $20 during 2021. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2021? 838750 866750 870750 O 846750