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Enot Corporations state charter authorizes the corporation to issue 500,000 shares of $1 par value common stock. It has sold 325,000 shares of common stock

Enot Corporations state charter authorizes the corporation to issue 500,000 shares of $1 par value common stock. It has sold 325,000 shares of common stock to the public. It currently holds 15,000 shares of treasury stock.

  1. How many shares are issued?
  2. How many shares are outstanding?

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