260. Based on the information below, how many shares of common stock are outstanding?

Common Stock, $4 par value (authorized 100,000 shares) : $80,000

Treasury Stock (3000 shares) : $40000

282. Kitchen Corp had a beginning balance in net plant assets of $420,000. During the year, they purchased $120,000 of new plant assets. Depreciation expense was $60,000 for the year. there was also a net loss on the sale of plant assets of $8000. the ending balanc in net pkant assets $370,000. what amount of cash was received for the sale of plant assets?