The following information is available for Barone Corporation: January 1, 2016 Shares outstanding 2,000,000 April 1, 2016 Shares issued for cash 320,000 July 1, 2016 Treasury shares purchased 120,000 October 1, 2016 Shares issued in a 2:1 stock split 2,200,000 The number of shares to be used in computing earnings per common share for 2016 is: Select one:

a. 2,730,000. b. 4,360,000 c. 4,380,000. d. 4,520,800.