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Assume the following information for Orange, Inc.: - Common Stock, $1.00 par, 214,000 shares issued, 180,000 shares outstanding - Paid-In Capital in Excess of Par-Common:

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Assume the following information for Orange, Inc.: - Common Stock, $1.00 par, 214,000 shares issued, 180,000 shares outstanding - Paid-In Capital in Excess of Par-Common: $1,750,000 - Retained Earnings: $2,620,000 - Treasury Stock: 34,000 shares purchased at $20 per share If Orange purchases an additional 6000 shares of treasury stock at $22 per share, what number of shares will be shown as issued and outstanding? 214,000 issued; 174,000 outstanding 180,000 issued; 180,000 outstanding 208,000 issued; 180,000 outstanding 214,000 issued: 180,000 outstanding

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