1) A corporate charter specifies that the company may sell up to 31 million shares of stock. The company issues 21 million shares to investors and later repurchases 8.5 million shares. The number of issued shares after these transactions have been accounted for is:

2) Mapleleaf Industries declared a $0.75 per share cash dividend. The company has 280,000 shares authorized, 81,000 shares issued, and 78,000 shares of common stock outstanding. What is the journal entry to record the dividend declaration?

3) The Retained Earnings balance was $24,900 on January 1. Net income for the year was $21,100. If Retained Earnings had a credit balance of $27,800 after closing entries were made for the year, and if additional stock of $7,200 was issued during the year, what was the amount of dividends declared during the year?