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Waterway Industries had 815000 shares of common stock outstanding at December 31, 2018. In addition, it had 151000 stock options outstanding, which had been granted

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Waterway Industries had 815000 shares of common stock outstanding at December 31, 2018. In addition, it had 151000 stock options outstanding, which had been granted to certain cecutives, and which gave them the right to purchase shares of Waterway's stock at an option price of $37 per share. The average market price of Waterway's common stock for 2018 was $50. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2018? 868054 926740 854260 O 815000

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