Problem: Dublin Inc. had the following common stock record during the current calendar year:
Outstanding - beginning of year 2,000,000
Additional shares issued 6/30 100,000
Additional shares issued 9/30 100,000
A 10% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS?
A. 2,075,000.
B. 2,282,500.
C. 2,475,000.
D. 2,620,000.