E11-2 Computing Number of Shares LO11-1, 11-3 [The following information applies to the questions displayed below. The charter of Vista West Corporation specifies that it is authorized to issue 208,000 shares of common stock. Since the company was incorporated, it has sold a total of 153,000 shares (at $16 per share) to the public. It has bought back a total of 14,000. The par value of the stock is $5. When the stock was bought back from the public the market price was $23. References Section Break E11-2 Computing Number of Shares LO11- 1, 11-3 value: 2.60 points Required information E11-2 Part 1 Required: 1. Determine the authorized shares. Authorized shares References Worksheet E11-2 Part 1 value: 2.60 points Required information E11-2 Part 2 2. Determine the issued shares. Issued shares References Worksheet E11-2 Part 2 value: 2.60 points Required information E11-2 Part 3 3. Determine the outstanding shares. Outstanding shares