CAL Exercise 170 a-e The stockholders' equity section of Fauberg Marigny Corporation at December 31 is as follows. FAUBERG MARIGNY CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, cumulative, 10,000 shares authorized, 5,000 shares issued and outstanding $300,000 Common stock, no par, 750,000 shares authorized 300,000 shares issued Total paid-in capital 1,500,000 1,800,000 2,050,000 3,850,000 (64,000) $3,786,000 Retained earnings Total paid-in capital and retained earnings Less: Treasury stock (5,000 common shares) Total stockholders' equity From a review of the stockholders' equity section, answer the following questions. How many shares of common stock are outstanding? Outstanding shares shares