Accounting for Shares Kress Products' corporate charter authorized the firm to sell 800,000 shares of $10...

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Accounting for Shares Kress Products' corporate charter authorized the firm to sell 800,000 shares of $10 par common stock. Kress sold 223,800 shares and reacquired 1,650 of those shares. The reacquired shares were held as treasury stock. Later Kress sold an additional 16,300 shares and purchased 3,100 more treasury shares. Required: Determine the number of issued and outstanding shares. Issued shares Outstanding shares shares shares Accounting for Shares Kress Products' corporate charter authorized the firm to sell 800,000 shares of $10 par common stock. Kress sold 223,800 shares and reacquired 1,650 of those shares. The reacquired shares were held as treasury stock. Later Kress sold an additional 16,300 shares and purchased 3,100 more treasury shares. Required: Determine the number of issued and outstanding shares. Issued shares Outstanding shares shares shares