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Brief Exercise 10-42 (Algorithmic) Calculating the Number of Shares Issued Castanet Inc. issued shares of its $5.10 par value common stock on November 9, 2019,

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Brief Exercise 10-42 (Algorithmic) Calculating the Number of Shares Issued Castanet Inc. issued shares of its $5.10 par value common stock on November 9, 2019, for $10.50 per share. In recording the issuance of the stock, Castanet credited the Additional Paid-In Capital-Common Stock account for $351,000. Required: How many shares were issued on November 9, 20197 shares

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