At January 1, 2010, Apple Corp. had 200,000 ordinary shares and issued 50,000 ordinary shares by way of rights in proportion of 4 for 1 at a price of $10 per share on March 31, 2010 (For every 4 shares, the shareholder is entitled to 1 additional share). The market price per share right before the rights issue is $11.25. What is the weighted average number of shares outstanding during 2010 for calculating basic EPS?