At the beginning of Year 9, Oh and No, Inc. had 30,000 shares of $5 par common stock outstanding. The following events affecting the company's common stock occurred during the year:

April 1: Repurchased 5,000 shares of common stock to hold as treasury shares

November 1: Issued a 15% stock dividend

The weighted average common shares outstanding (WACSOS) that Oh and No would use to calculate basic EPS at 12/31/Y9 is:

A. 34,625 B. 38,812 C. 30,188 D. 26,875