"Coronado Industries had 1410000 shares of common stock issued and outstanding at December 31, Year 17. On July 1, Year 18 an additional 1246000 shares were issued for cash. Coronado also had stock options outstanding at the beginning and end of Year 18 which allow the holders to purchase 376000 shares of common stock at $20 per share. The average market price of Coronado's common stock was $25 during Year 18. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, Year 18?"

		2108200
		2126950
		2333800
		2731200