Calculator Kansas Company acquired a building valued at $158,000 for property tax purposes in exchange for 12,000 shares of its $4 par common stock. The stock is widely traded and selling for $16 per share. At what amount should the building be recorded by Kansas Company? Calculator The charter of a corporation provides for the issuance of 148,000 shares of common stock. Assume that 53,000 shares were originally issued and 11,600 were subsequently reacquired. What is the number of shares outstanding