Beginning number of shares issued Additional shares issued during the year Beginning treasury shares Portion of treasury shares resold Dividends per share Beginning retained earnings Net income for the year Required: 530,000 130,000 50,000 10% $0.20 $550,000 $400,000 1. Calculate the number of outstanding shares of common stock: (Amounts to be deducted should be Indicated by a minus sign.) Beginning Additional issuances Treasury shares Total outstanding 0