Question 4 of 5 0/1 III View Policies Show Attempt History Current Attempt in Progress The stockholders' equity section of Splish Brothers Corporation at December 31 is as follows. SPLISH BROTHERS CORPORATION Balance Sheet (partial) Stockholders' equity Paid-in capital Preferred stock, 10,000 shares authorized, 4,500 shares issued and outstanding $270,000 Common stock, no par, 750,000 shares authorized, 250,000 shares issued 1,500,000 Total paid-in capital 1,770,000 Retained earnings 2,030,000 Total paid-in capital and retained earnings 3,800,000 Less: Treasury stock (4,000 common shares) (60,000) Total stockholders' equity $3,740,000 From a review of the stockholders' equity section, answer the following questions. (a) * Your answer is incorrect. How many shares of common stock are outstanding? Outstanding shares 249600 shares