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HW11:19: TREASURY STOCK: On January 1, 2017, Wooden Company issued 16,000 shares of $2 par value common stock for $120,000. On March 1, 2017, the company purchased 2,000 shares of its common stock for $15 per share for the treasury Instructions Journalize the stock transactions of Wooden Company in 2017 1. January 1 Issuance of Common Stock. Dr. Cr. Cr. 2. March 1 - Purchase of Treasury Stock. Dr. Cr. 3. How many shares of Common Stock are issued and outstanding