Chapter 14 Homework Seved The authorized share capital of the Alfred Cake Company is 110.000 shares. The equity is currently shown in the company's books as follows: points Common stock (52 par value) Additional paid-in capital Retained earnings Common equity Treasury stock (1,890 shares) Net common equity $ 62,899 12,899 32.099 5106,689 $180,000 a. How many shares are issued? Number of shares sued b. How many shares are outstanding? Outstanding shares 34.500 c. How many more shares can be issued without approval sharehe Number of shares issued 75.500