4. Use the incomplete stockholders' equity section of Box Company's balance sheet as of December 31, 2016, to answer the following question. Common stock, $7 par, 100,000 shares authorized Additional paid-in capital-common Retained earnings $ 700,000 160,000 ? Treasury stock (2,000 shares at cost) Total stockholders' equity How many shares of common stock are outstanding? (16,000) 974,000 a. 100,000 b. 98,000 c. 78,000 d. 68,000