On January $1,2005,$ Oxford Corporation had outstanding $70,000$ common shares.On April $1,2005,$ Oxford Corporation issued $20,000$ common shares in exchange for land. On June $1,2005,$ Oxford Corporation reacquired $5,000$ of its common shares.On November $1,2005,$ Oxford reissued $3,000$ shares. No other transactions regarding common shares occurred in $2005.$ The denominator to be used in the EPS calculation is:$67,91788,00082,58485,000$