Question 2 The corporate charter of Maine Yacht Corporation allows the issuance of a maximum of 3,000,000 shares of $1 par valve common stock. During its first three years of ceration, Maine issued 2,200,000 shares $15 per share. It later acquired 30,000 of these shares as treasury stock for $25 per share Based on the above information, answer the following questions How many shares were authorised? Authorised shares shares How many shares were issued? Shares issued How many shares are outstanding? Outstanding shares shares What is the balance of the Common Stock account? Balance of the Common Stock account What is the balance of the Treasury Shook account tance of the Treasury Stockscount