Question 23 (3 points) The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock - $5 par, 500,000 shares authorized $360,000 Paid-In Capital in Excess of ParCommon Stock 670,000 Preferred Stock - $100 par, 100,000 shares authorized 570,000 Paid-In Capital in Excess of Par-Preferred 180,000 Retained Earnings 240,000 Treasury Stock (cost $10 per share) 160,000 How many shares of common stock are outstanding? Your Answer: Annar