A company has the following sequence of events regarding their stock: . One million shares outstanding at the beginning of the year. . On June 30th, they declared and issued a 10% stock dividend. . On September 30th, they sold 400,000 shares of common stock at par. Basic earnings per share at year-end will be computed on how many shares? Multiple Choice 1,200,000 1,000,000 1,100,000