A Moving to another question will save this response. Question 12 The following data is available for Rex Corporation at December 31, 2011 Common stock, (500,000 shares authorized, 300,000 issued) 300,000 Treasury Stock (1,000 shares) 6,000 Based on the data, how many shares of common stock are outstanding? O 200,000 300,000 499,000 299,000