Charlotte Engineering had net income of $625,000 for the year. It declared $35,000 in preferred dividends on December 23. It began the year with 800,000 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. 800,000 OB. 960,000 O C. 880,000 OD 720,000