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Accounting for Shares Waterport Salest corperate charter authorized the firm to seli 800,000 shares of $10 par common stocx, Waterport sold 260,000 shares and reacquired

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Accounting for Shares Waterport Salest corperate charter authorized the firm to seli 800,000 shares of $10 par common stocx, Waterport sold 260,000 shares and reacquired 1,650 of those shares. The reacquired shares were beld as treasury stock Later Waterport sold an additional 16,300 shares and purchased 3,100 more treasary shares. Required: Determine the number of issued and outstanding shares: Issued shares shares Outstanding shares shares

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