Charlotte Engineering had net income of $450,000 for the year. It declared $30,000 in preferred dividends on December 23. It began the year with 600,000 common shares outstanding. On July 1, Charlotte declared a 10% common stock dividend. Compute the weighted - average common shares outstanding for the year. O A. 660,000 OB. 600,000 O C. 540,000 OD. 720,000