$1$

The authorized share capital of the Alfred Cake Company is $120,000$ shares. The equity is currently shown in the company's books as follows:

a$.$ How many shares are issued?

b$.$ How many shares are outstanding?

c$.$ How many more shares can be issued without the approval of shareholders?

$\backslash$table$[[$a$.$ Number of shares issued,$],[$b$.$ Outstanding shares,$],[$c$.$ Number of shares issued,$]]$