Flint SA has issued 106,000 shares of 6 par value ordinary shares. It authorized 636,000 shares. The share premium on the ordinary shares is 236,000. The corporation has reacquired 5,600 shares at a cost of 49,000 and is currently holding those shares. Treasury shares were reissued in prior years for 48,000 more than their cost. The corporation also has 2,100 shares issued and outstanding of 7%, 100 par value preference shares. It authorized 11,000 shares. The share premium on the preference shares is 23,000. Retained earnings is 356,000.