Problem 21-16 (AICPA Adapted) At the beginning of current year, Vey Company had 125,00 issued shares and 25,000 shares held as treasury. During the current year, transactions involving share capital were as follows: January 1 through October 31 - 13,000 treasury shares were distributed to officers as part of a share compensation plan. November 1 - A 3 for 1 share split took effect. December 1 - The entity purchased 5,000 of its own shark to discourage an unfriendly takeover. These shares w not retired. How many shares were issued and outstanding at year-end! Issued Outstanding a. 375,000 334,000 b. 375,000 324,000 C. 334,000 334,000 d. 325,000 324,000 Problem 21-17 (AICPA Adapted) Nest Company issued 100,000 ordinary shares. Of them 5,000 shares were held as treasury at the beginning current year. During the year, the following transactions occurred May 1 1,000 shares of treasury were sold. Aug. 1 10,000 unissued shares were sold. Nov. 15 A 2 for 1 share split took effect. How many shares were issued and outstanding at year-ead Issued Outstanding B. 220,000 212,000 b. 220,000 216,000 C. 222,000 214,000 d. 222,000 218,000