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Assume the following information for Orange, Inc.: Common Stock, $1.00 par, 204,000 shares issued, 193,000 shares outstanding Paid-In Capital in Excess of Par-Common: $1,710,000

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Assume the following information for Orange, Inc.: Common Stock, $1.00 par, 204,000 shares issued, 193,000 shares outstanding Paid-In Capital in Excess of Par-Common: $1,710,000 Retained Earnings: $2,510,000 Treasury Stock: 11,000 shares purchased at $12 per share If Orange purchases an additional 5000 shares of treasury stock at $23 per share, what number of shares will be shown as issued and outstanding? O204,000 issued; 188,000 outstanding 199.000 issued: 193,000 outstanding 204,000 issued; 193,000 outstanding 193,000 issued: 193,000 outstanding

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