Can I get an explanation for 18 and 19. I am confused how to solve these two questions . Thanks!

. Determine whether the following statements are true or false in the order presented _Treasury Stock is accounted for using the cost method. 3._ _Treasury Stock is a stockholders' equity account with a debit balance. A) _The corporation deduct the number of treasury stock acquired from common stock issued. True and True and True True and True and False True and False and True D) False and False and True 18. EX11#18: The fiscal year-end data for Lafalla Company at December 31, 2017. Common Stock, par $5 (authorized 100,000 shares) $300,000. Treasury stock (at cost $6 per share) $12,000. Based on the data, how many shares of common stock are reported as issued and outstanding? A) B) 72,000 shares issued and outstanding. 60,000 shares issued and outstanding. D) 60,000 shares issued and 58,000 shares outstanding. 60,000 shares issued and 57,600 shares outstanding. 19. HW11:19: TREASURY STOCK: On January 1, 2017, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2017, the company purchased 2,000 shares of its common stock for $15 per share for the treasury. Instructions Journalize the stock transactions of Wooden Company in 2017. 1. January 1 - Issuance of Common Stock. Dr. Cr. GA Cr. 2. March 1 - Purchase of Treasury Stock. Dr. Cr. 3. How many shares of Common Stock are issued and outstanding