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Assume the following information for Western Sales, Inc.: . . . Common Stock, $1.00 par, 224,000 shares issued, 185,000 shares outstanding Paid - In Capital

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Assume the following information for Western Sales, Inc.: . . . Common Stock, $1.00 par, 224,000 shares issued, 185,000 shares outstanding Paid - In Capital in Excess of Par-Common: $1,730,000 Retained Earnings: $2,550,000 Treasury Stock: 39,000 shares purchased at $14.00 per share If Western Sales purchases an additional 15,000 shares of treasury stock at $20.00 per share, what number of shares will be shown as issued and outstanding? . O A. 224,000 issued: 170,000 outstanding B. 224,000 issued; 185,000 outstanding O C. 185,000 issued; 185,000 outstanding D. 209,000 issued: 185,000 outstanding ? Click to select your answer Element Corporation reported the following equity section on its current balance sheet. The common stock is currently solling for $17.50 per share. Common Stock, $5.00 par, 333,000 shares authorized, 148,000 shares issued and outstanding $740,000 Paid - in Capital in Excess of Par-Common 123,000 Retained Earnings 297,000 Total Stockholders' Equity $1,160,000 After a 2-for-1 stock split, what is the number of issued shares? O A. 246.000 OB. 271.000 O C. 123,000 D. 296,000 cati

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