Gamma Corporation issued 70.000 shares of $1.70 par value common stock. Later that year, Gamma purchased 18,000 shares of its own common stock Two months later, it reissued 1,500 shares. How many shares are issued and outstanding? O A. 88,000 issued and 86,500 outstanding O B. 70,000 issued and 70,000 outstanding O C. 71.500 issued and 53,500 outstanding OD. 70,000 issued and 53,500 outstanding