In Year 1, Stock to the Hand, Inc., issued 20,000 shares of the 800,000 shares of $0.40 par value common stock it is allowed to sell. The total received from issuing its common stock is $200,000. Stock to the Hand bought back 2,000 shares of its stock at a cost of $12 each. Stock to the Hand declared and paid a $0.80 per share dividend to its common shareholders. What is the number of shares outstanding?