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At the beginning of Year 9, Oh and No, Inc. had 30,000 shares of $5 par common stock outstanding. The following events affecting the company's

At the beginning of Year 9, Oh and No, Inc. had 30,000 shares of $5 par common stock outstanding. The following events affecting the company's common stock occurred during the year: April 1: Repurchased 5,000 shares of common stock to hold as treasury shares November 1: Issued a 15% stock dividend The number of shares of Oh and No, Inc. common stock outstanding at 1/1/Y9 is:

A. 25,000 B. 5,000 C. 150,000 D. 30,000

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