On January 1, 2024, Schrute Co. had 250,000 shares of common stock oustanding. The following transactions took place during 2024.

1. April 1, 2020, Schrute Co. issued an 125,000 common stock shares.

2. On June 1, 2020, the company purchased 95,500 common stock shares.

3. On October 1, 2020, the company issues 55,000 common stock shares.

What are the weighted-average number of shares oustanding for 2024? (Round the calculations/weighted amounts to 2 decimal places.)

Question 11 options:

a)

334,500

b)

250,000

c)

302,110

d)

309,750