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On 31/12/2020, the stockholders equity of BST Corporation was as follows: Paid in capital: Preferred stock, $ 100 par, authorized 20,000 shares, issued and Outstanding

On 31/12/2020, the stockholders equity of BST Corporation was as follows:

Paid in capital:

Preferred stock, $ 100 par, authorized 20,000 shares, issued and

Outstanding 4,000 shares

$400,000

Common stock, $ 5 par, authorized 2 million shares, issued and

Outstanding ??????? shares

$1,500,000

Common stock dividends distributable

$75,000

Paid in capital in excess of par- common

$200,000

Paid in capital in excess of par- preferred

$82,000

Total paid in Capital

$2,257,000

Retained Earnings

$540,000

Total stockholders Equity

$2,797,000




Early in January 2021, the stock dividends was issued. Soon after that, the company applied a common stock normal split at a ratio of 1 to 2. Finally, the company re-acquired some of its common shares from the market, by paying $200,000, when the market price was $ 4 per share.

Required: how many common shares are issued at the end of January 2021?

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