15. Based on the following information, common shares issued that would appear in the shareholders' equity section for Glenn Corporation at December 31, 2016 are: Glenn Corporation's shareholders' equity section at December 31, 2015 appears below: Shareholders' equity Share capital Common shares, 82,000 issued Preferred shares, $1 non-cumulative, 10,000 issued Retained earnings Accumulated other comprehensive income S 799,860 20,000 150,000 450,000 $1,419,860 Total sharcholders' equity On June 30, 2016, the board of directors declared a 15% stock dividend, distributable on July 3 1 to shareholders of record on July 15. The fair value of Glenn Corporation's shares was $14 on June 30, $18 on July 15, and $20 on July 31 On December 1, 2016, the board of directors declared a 2 for 1 stock split effective December 15. Glenn Corporation's shares were selling for $20 on December 1, 2016, before the stock split was declared. Profit for 2016 was $230,000 and there were no cash dividends declared common shares, 82,000 issued, $799,860