We observe the following information for a company.

weighted average number of shares outstanding = 4,244,856

total par of convertible bonds = $10 million

par value of each convertible bond = $1,000

conversion price of the convertible bond = $50

100,000 shares of employee stock options with an exercise price per share = $48

80,000 shares of employee stock options with an exercise price per share = $56

120,000 shares of employee stock options with an exercise price per share = $62

average stock price for the fiscal year = $58

Calculate the number of shares that would be used to find diluted EPS. Show your work and explain each step of the calculation.