The following information is available for Sheridan Corporation:

$\backslash$table$[[$January $1,20\mathrm{.}25,$Shares outstanding,$3990000],[$April $1,2025,$Shares issued,$638000],[$July $1,2025,$Treasury shares purchased,$246000],[$October $1,2025,$Shares issued in a $100\%$ stock dividend,$4382000]]$

The number of shares to be used in computing earnings per share for $2025$ is

$8730900.$

$5442900.$

$9003000.$

$8691000.$