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ASAP PLEASE- NEED IT WITHIN 20MINS THANK YOU SO MUCH The shareholders' equity section of the 30 June 2020 balance sheet for Charbel Constructions is

ASAP PLEASE- NEED IT WITHIN 20MINS THANK YOU SO MUCH

The shareholders' equity section of the 30 June 2020 balance sheet for Charbel Constructions is as follows:

Preference shares (100 000) $200 000
Ordinary shares (350 000) $1 050 000
Reserves $160 000
Retained earnings $450 700
Total shareholders' equity $1 860 700

On 1 July 2020 the company declared a 20% share dividend, payable to ordinary shareholders on 15 July 2020. On 1 July the share price was $1.50 per ordinary share and on 15 July the market price was $2 per ordinary share.

On 1 August, Charbel issued 50 000 ordinary shares for $2 per share.

On 1 September Charbel bought back $200 000 of ordinary shares, priced at $2.50 each.

On 1 November 2020 the company declared a 90c per share cash dividend, payable on 25 November 2020.

On 1 December 2020, how many ordinary shares does Charbel have outstanding?

352 500

402 500

390 000

616 875

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