Sonic Ltd. had 2,200,000 average shares outstanding during all of 2017. During 2017, Sonic also had 50,000 options outstanding with exercise prices of $17 each. The average stock price of Sonic during 2017 was $21. This company also had 1,000 shares of preferred stock outstanding (10%, $100 par value) for the entire year, which are each convertible into 20 shares of common stock. Sonic had $3,200,000 net income for the year. Corporate tax rate is 30%.

a)Computing diluted earnings per share, how many

shares would be used in the denominator?

I got an answer of 2 209 524

If you could confirm this that would be great