A firm has net income of $$87,300,$ a price$-$earnings ratio of $11\mathrm{.}8,$ and earnings per share of $$1\mathrm{.}13.$ How many shares of stock are outstanding?

a$)93,590$ shares

b$)77,257$ shares

c$)8,750$ shares

d$)6,547$ shares

e$)38,690$ shares