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Common Stock, $1.00 par, 20,900 shares issued, 18.900 shares outstanding Paid-In Capital in Excess of Par-Common: $10,000 Retained Earnings: $460,000 Treasury Stock: 2,000 shares

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Common Stock, $1.00 par, 20,900 shares issued, 18.900 shares outstanding Paid-In Capital in Excess of Par-Common: $10,000 Retained Earnings: $460,000 Treasury Stock: 2,000 shares purchased at $5 per share If Howard Sales purchases an additional 2,000 shares of treasury stock at $6 per share, what number of shares will be shown as issued and outstanding? 18,900 issued: 14,900 outstanding O 18,900 issued: 16,900 outstanding O 20,900 issued; 20,900 outstanding O 20,900 issued; 16,900 outstanding

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