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The following infromation is available for Barone Corporation January 1 2015: Shares outstanding: 1,250,000 April 1 2015: Shares issued: 200,000 July 1 2015: Treasury Shares

The following infromation is available for Barone Corporation

January 1 2015: Shares outstanding: 1,250,000

April 1 2015: Shares issued: 200,000

July 1 2015: Treasury Shares purchased: 75,000

October 1 2015: Shares issued in a 100% stock dividend: 1,375,000

The number f shares to be used in computing earnings per common share for 2015 is:

Please explain how you get to the answer. Thank you.

(P.S, the answer is 2,725,000)

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