At January 1, 2021, Sheffield Corporation had the following share capital:

$2 Preferred shares, noncumulative,
500,000 shares authorized, 14300 shares issued		$610000
Common shares, 1,000,000 shares authorized,
9800 shares issued		245000
		$855000

On October 1, 2021, the company sold an additional 24000 common shares for proceeds of $336000. The corporation earned $156000 during the year and declared $28600 in dividends to preferred shareholders. For the purpose of calculating the earnings per share, the companys weighted average number of common shares is

33800.

17700.

15800.

8200.