On a 1 July 2014,Mayorga Ltd Has 3 000 000

On a 1 July 2014,Mayorga Ltd has 3 000 000 ordinary shares on issue at the beginning of the year.During the year the movements in the company's outstanding ordinary shares are as follows:
On 1 August 2014,a rights issue of 600 000 ordinary shares at current market price of $2.50
On 1 March 2015,200 000 partly paid-up ordinary shares were issued at an issue price of $3.50.These shares were partly paid to $2.00.The partly paid shares are permitted proportionate rights to vote and receive dividends based on the relationship between the amount paid up and the issue price.
What is the weighted-average number of shares for Mayorga Ltd for the year ending 30 June 2015 that is in accordance with AASB 133 Earnings per Share?

A) 3 549 042
B) 3 587 242
C) 3 614 286
D) 3 800 000
E) None of the given answers.

Correct Answer:

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