New Built Wants to Repurchase 20,000 Shares at $21 a Share

New Built wants to repurchase 20,000 shares at $21 a share through a tender offer.Shareholders responded by offering 26,500 shares at $21 a share.Assume you are a shareholder and offered your 300 shares as part of the shareholder response.How many of your shares should you expect New Built to purchase?

A) 0 shares
B) 300 shares
C) 398 shares
D) 226 shares
E) 251 shares