Consider the following equity section of a balance sheet for a corporation. How many shares of common stock are in the treasury? What did the corporation pay for the treasury stock? Common stock, 300000 shares authorized, 71000 shares issued, 56800 shares outstanding, $17 par value. $1207000 Contributed capital in excess of par value, Common Stock $4828000 Retained Earnings $179000 Treasury Stock $(482800) Total Stockholders Equity $5731200