The following info is available for Alley Corporation:

Jan. 1, 2008 Shares outstanding.....1,250,000

Feb. 1, 2008 A 20% stock dividend is declared and issued

April 1, 2008 Shares issued.............200,000

June 1, 2008 a 2 for 1 stock split

July 1, 2008 Treasury shares purchased............750,000

The number of shares to be used in computing earnings per common share for 2008 is?

a) 3,315,000

b)2,925,000

c) 2,850,000

d) 2,735,000