ABC Company has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock ($2 par value), $800; Additional Paid-In Capital, $4,100; Retained Earnings, $27,000; Total Stockholders' equity, $31,900. ABC Company has the following transactions affecting stockholders' equity in 2021: May 18 Issues 220 additional shares of $2 par value common stock for $5 per share. May 31 Purchases 50 shares of treasury stock for $35 per share. July 1 Declares a cash dividend of $3 per share to all stockholders of record on July 15. Hint: Dividends are not paid on treasury stock. July 31 Pays the cash dividend declared on July 1. August 10 Resells 15 shares of treasury stock purchased on May 31 for $52 per share. December 31 Net income for the year ended December 31, 2021, is $600. Required: How many shares of common stock have been issued in total? 620 1020 570 O 970 What is the balance of Retained Earnings on December 31, 2021? $25,890 $24,690 $24,540 $27,090 What is the (debit) balance of the Treasury Stock account on December 31, 2021? O $1,225 $970 $1,820 $1,750 What is the balance of Additional Paid-In Capital on December 31, 2021? $5,015 $4,505 $4,945 $4,795 How Is the number of outstanding shares on December 31, 2021? 585 985 O 185