At the beginning of the year, the Lincoln Logging Company had 10,000 shares of $1

par value common stock outstanding. During the year, it engaged in the following

transactions related to its common stock, so that at year end, it had 32,600 shares

outstanding:

March 30Issued 2,300 shares of common stock

June 1 - Repurchased 3,100 shares of common stock

October 31 - Issued a 3 for 1 stock split, reducing the par value to $0.33/share

December 1 - Issued 5,000 shares of common stock

Compute the Lincoln Logging Company's weighted average common shares

outstanding.

A. 25,858

B. 26,514

C. 27,600

D. 30,167

E. 32,600