Question: Current Attempt in Progress At December 3 1 , 2 0 2 2 , Oriole Inc. had 2 9 9 9 0 0 0 common

Current Attempt in Progress
At December 31,2022, Oriole Inc. had 2999000 common shares outstanding. An additional 515000 common shares were issued on April 1,2023, and 257500 more on July 1,2023. On October 1,2023, Culver issued 10000,$1000 par value, 8% convertible bonds. Each bond is convertible into 20 common shares. No bonds were converted in 2023. What is the number of shares to be used in calculating 2023 basic earnings per share and diluted earnings per share, respectively?
3514000 and 3771500
3514000 and 3564000
3771500 and 4286500
3514000 and 3514000
 Current Attempt in Progress At December 31,2022, Oriole Inc. had 2999000

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