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Sandhill Company has 2900000 shares of common stock outstanding on December 31, 2024. An additional 144000 shares of common stock were issued on July 1,

Sandhill Company has 2900000 shares of common stock outstanding on December 31, 2024. An additional 144000 shares of common stock were issued on July 1, 2025 and 310000 more on October 1, 2025. On April 1, 2025, Sandhill issued 6000, $1,000 face value, 7% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in 2025. What numbers of shares are to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31, 2025? 3049500 and 3294000 3365000 and 3534000 O 3049500 and 3229500 O 3049500 and 3049500
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Sandhili Company has 2900000 shares of common stock outstanding on December 31, 2024. An additional 144000 shares of common stock were issued on July 1, 2025 and 310000 more on October 1, 2025. On April 1, 2025, Sandhill issued 6000, \$1,000 face value, 7\% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common stock in 2025. What numbers of shares are to be used in computing basic earnings per share and diluted earnings per share, respectively, for the year ended December 31,2025? 3049500and32940003365000and35340003049500and32295003049500and3049500

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