Exercise 10-56 (Algorithmic) Accounting for Shares Waterport Sales corporate charter authorized the firm to sell 800,000 shares of $10 par common stock. At the beginning of 2019, Waterport sold 235,100 shoes and reacquired 1,650 of those shares. The reacquired shares were held as treasury stock. During 2019, Waterport sold an additional 16,900 shares and purchased 3,100 more treasury shares Required: Determine the number of issued and outstanding shares at December 31, 2019, Issued shares Outstanding shares shares Shares Net Previous