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The following shareholders own the outstanding stock of Garcia Corporation: Ryan 100 shares Kayla (Ryan's wife) 100 shares Nick (Ryan's brother) 100 shares XYZ, Inc.

The following shareholders own the outstanding stock of Garcia Corporation:

Ryan

100 shares

Kayla (Ryan's wife)

100 shares

Nick (Ryan's brother)

100 shares

XYZ, Inc.

100 shares

RST, Inc.

100 shares

AG Partnership

100 shares

Total shares outstanding

600 shares

Ryan is a 25% partner in AG Partnership. Ryan also is a 55% shareholder in XYZ, Inc. and a 40% shareholder in RST, Inc. How many shares does Ryan constructively (directly and indirectly) own?

a.

200

b.

280

c.

320

d.

420

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