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Loeb Co, had 600,000 shares of common stock outstanding on January 1, issued 84,000 shares on May 1, purchased 42,000 shares of treasury stock on

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Loeb Co, had 600,000 shares of common stock outstanding on January 1, issued 84,000 shares on May 1, purchased 42,000 shares of treasury stock on September 1, and issued 36,000 shares on November 1. The weighted average shares outstanding for the year is a. 634,000. B. 648,000. c. 662,000. D. 676.000

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