On January 1, a corporation had 25,000 shares of common stock outstanding. An additional 10,000 shares were issued on July 1, and on November 1, the company declared a 2-for-1 stock split. What is the denominator in the earnings per share calculation?

A. 35,000

B. 56,000

C. 60,000

D. 50,000

On January 1, a corporation had 25,000 shares of common stock outstanding. An additional 10,000 shares were issued on July 1, and on November 1, the company declared a 2 -for-1 stock split. What is the denominator in the earnings per share calculation? 35,000 56,000 60,000 50,000