Melani Inc. had the following balances in its shareholders' equity at the beginning of the current year, Jan$\mathrm{.}1,2020$:

Common shares $($Shares Authorized: $15,000,$ Outstanding $9,000)$ $ $180,000$

Retained earnings $92,000$

Total shareholders' equity $$272,000$

During the year the following transactions took place:

Jan. $15$: Issued $9,000$ shares at $$20$ per share

May $1$: Declared a $10\%$ stock dividend, market price $$21$ per share

May $21$: Paid the stock dividend

Sept $20$: Declared a $4$ to $1$ stock split

After the above transactions, the number of shares outstanding is:

Question $40$ options:

$73,400$

$79,200$

$67,600$

$75,600$