1. CFAS Company issued 85,000 ordinary shares. Of these, 4,250 shares were held as treasury on January 1, 2022.

During the current year, the entity reported the following

transactions:

Feb. 1

850 shares of treasury were sold.

May. 1

8,500 unissued shares were sold.

Dec. 15

A2-for-1 share split took effect.

A. On December 31, 2018, how many shares were issued?

B. On December 31, 2018, how many shares were outstanding?