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.Mambo Corporations December 31, 2020 balance sheet showed the following Shareholder Equity: Paid in Capital: 8% preferred stock, $20 par value, cumulative $ 150,000 Common

.Mambo Corporations December 31, 2020 balance sheet showed the following Shareholder Equity:

Paid in Capital:

8% preferred stock, $20 par value, cumulative

$ 150,000

Common stock, $10 par value

500,000

Additional Paid-in capital in excess of parP/S

200,000

Additional Paid-in capital in excess of parC/S

900,000

Total Paid In Capital

1,750,000

Retained Earnings

2,000,000

Total PIC and Retained Earnings

3,750,000

Less: Treasury Stock (3,000 shares, Common)

(50,000)

Total Shareholders' Equity

$ 3,700,000

How many shares of common stock are outstanding

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