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69. ABC experienced the following changes in its capital structure during 2014: Outstanding on January 1, 2014, 90 common stock shares Sold 120 common shares

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69. ABC experienced the following changes in its capital structure during 2014: Outstanding on January 1, 2014, 90 common stock shares Sold 120 common shares on February 1, 2014 Sold 60 common shares on April 1, 2014 Issued a 2 for 1 split on August 1, 2014 ABC's weighted average number of common shares outstanding for 2014 would be: A. 245. B. 315. C. 490. D. 540

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