a. 600,000 b. 406,000 C. 594,000 d. 394,000

Shown below is information relating to the stockholders' equity of Robertson Corporation at December 31 , 2022- 12% cumulative preferred stock: $150 par Sl 500,000 Common stock, Sl 50 par 600,000 Additional paid-in capital: preferred stock 300,000 Additional paid-in capital: common stock 900,000 Treasury stock (at cost: 67000 common shares) 180,000 Retained earnings Refer to the above data How many shares of common stock are outstanding? O b. 406,000 o c. 594,000 C) d. 394,000