23

Assume the following information for Western Sales, Inc.: . Common Stock, $1.00 par, 202,000 shares issued, 184,000 shares outstanding Paid-In Capital in Excess of Par-Common: $1,620,000 Retained Earnings: $2,630,000 Treasury Stock: 18,000 shares purchased at $13 per share If Western Sales purchases an additional 9,000 shares of treasury stock at $22 per share, what number of shares will be shown as issued and outstanding? OA. 202,000 issued; 175,000 outstanding B. 193,000 issued; 184,000 outstanding C. 184,000 issued; 184,000 outstanding OD. 202,000 issued; 184,000 outstanding