Select Corporation was incorporated on January 2, 2020. The following information pertains to Select Corporations 2020 common stock transactions. Net income: $330,000. Convertible Preferred stock, 5%, cumulative, 5,000 shares, $10 par value per share. Preferred dividends declared in 2020: $0

Jan. 2 Number of shares authorized . . . . . . . . . . . . . . . . . . . . . 250,000

Jan. 2 Number of shares issued . . . . . . . . . . . . . . . . . . . . . . . . 85,000

Jul. 1 Number of shares reacquired but not canceled . . . . . . . 5,000

Sept. 1 Twoforone stock split

Dec. 1 Reissued shares of treasury stock . . . . . . . . . . . . . . . . . 5,000

	A.	Weighted Avg Shares outstanding are 165,000 and Basic Earnings Per Share is $2.00/share
	B.	Weighted Avg Shares outstanding are 165,417 and Basic Earnings Per Share is $2.10/share
	C.	Weighted Avg Shares outstanding are 165,417 and Basic Earnings Per Share is $1.98/share
	D.	Weighted Avg Shares outstanding are 165,000 and Basic Earnings Per Share is $1.90/share