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On December 31, 2020, Beta Company had 350,000 shares of common stock issued and outstanding. Beta Issued a 5% stock didend on June 30, 2021.

On December 31, 2020, Beta Company had 350,000 shares of common stock issued and outstanding. Beta Issued a 5% stock didend on June 30, 2021. On September 30, 2021, 34,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2021? 23 Multiple Choice 376.000 403.200 359.000 367.500

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