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. 4,520,800.

b. 4,380,000.

c. 4,360,000

d. 2,730,000.