restbank Multiple Choice Question 119 Coronado Industries, has 4130000 shares of common stock outstanding on December 31 on stock outstanding on December 31, 2020. An additional 798000 shares of common stock were issued on April 1 2021, and 406000 more on July 1, 2021. On October 1, 2021, Coronado issued 19600, $1,000 face value, 8% convertible bonds. Each bond is convertible into 20 sha . No bonds were converted into common stock in 2021. What is the number of shares to be used in computing basic earning earnings per share, respectively? O 5329500 and 6129500 O 4931500 and 5329500 O 4931500 and 4931500 O 4931500 and 5029500 Click if you would like to Show Work for this question: Open Show Work Testbank Multiple Choice Question 94 Cullumber Company owns 35000 of the 50000 outstanding shares of Taylor, Inc. common stock. During 2021, Taylor earns $1440000 and pays cash dividends of $1140000 Cullumber should report investment revenue for 2021 of O $798000 O $0. O $210000. O $1008000 Click if you would like to Show Work for this question: Open Show Work