Question 8 Best Company issued 110,000 ordinary shares. Of these, 4,000 shares were held as Not yet answered treasury at January 1,2018 . During 2018 , transactions were as follows: Marked out of 4.00 May 31,000 shares of treasury were sold August 615,000 unissued shares were sold November 8 A 2 for 1 share split took effect At December 31,2018 , how many shares were issued and outstanding a. Issued: b. Outstanding