QUESTION 13 Entity J had the following accounts Common stock, $1 par, 12,000 shares authorized, 700 shares issued, 22 shares outstanding $ 700 Paid-in-capital in excess of par 63,000 Treasury stock (40 shares common at cost) 4,000 Retained earnings 45,000 What is the number of common shares outstanding? 660 12.040 11,300 O 740 QUESTION 14 Bonds that the issuer can redeem at a stated amount prior to maturity are called debentures or unsecured bonds convertible bonds secured bonds callable bonds