My questions about this problem is how did they get the 115,400 shares outstanding in common stock ?

Questions SOLUTION D'OUVILLE COMPANY s EourTy JUNE 30, 2017 Capital stock 4% preferred stock, S25 par value, cumulative and $2.500,000 00,000 shanes authorized, 100,000 shares issued and Common stock, $10 par value, 500,000 shares authorized, 115,400 shares issued, with 1,154,000 1,500 shares held in the treasury Additional paid-in capital On preferred stock On common stock $1,900,000 2,711,800* 1,500 4,613,300 8,267.300 On treasury stock Total paid-in capital Retained earmings Total paid-in capital and retained earnings 8,606,500 58,500 $8,548,000 Less: Treasury stock, 1,500 shares at cost Total stockholders' equity Note A: D'Owvil Company i in arrears on the priferred stock in the amount of $10000. Premium on Common Stock A: D'Ouville Company is in arrears on the preferred stock in the amount of S Issue of 95,000 shares (S31-S10) Issue of 5,000 shares for plot of land ($220,000-$50,000) 10,000 shares issued (3/1/16) [20000 x (542-$10)) 5,400 shares as dividend 15,400 x (552-510)] $1,995,000 170,000 320,000 226,800 $2,711,800 "Retained Earnings Beginning balance+ Income - Stock dividend- Preferred dividend - Ret, earnings, ending balance dividend 550,000 +$120,000$280,800 $50,000 $339,200