BFAR Corp was authorized to issue 200,000 ordinary shares with Php 50 par value. The company had the following chronological transitions during the year:

-Issued 80,000 shares at Php 60 per share

-Received subscription for 11,000 shares at par

-Re-acquired 8,000 treasury shares at Php 65 per share

-Re-issued 2,400 treasury shares at Php 30 per share

How many shares are outstanding at year-end?