NOW Corporation has $1,000$ shares of stock outstanding. Juan owns $700$ shares and Maria

owns $300$ shares. NOW owns $500$ shares of stock in LATER Corporation. Juan owns $300$ shares of LATER and Maria owns $100$ shares.

How many total shares of LATER are Juan and Maria deemed to own under the constructive ownership rules?

Juan owns $300$ shares and Maria owns $100$ shares

Juan owns $800$ shares and Maria owns $100$ shares

Juan owns $650$ shares and Maria owns $100$ shares

Juan owns $300$ shares and Maria owns $250$ shares