Madison Corporation had the following common stock record during the current calendar year:

Outstanding-January 1	2,090,000
Additional shares issued 3/31	109,000
Distributed a 10% stock dividend on 6/30
Additional shares issued 9/30	109,000

What is the number of shares to be used in computing basic EPS?

Multiple Choice

2,090,000.

2,446,150.

2,304,450.

2,416,175.