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GoodallGoodall

Corporation issued

90 comma 00090,000

shares of

$ 1.70$1.70

par value common stock. Later that year,

GoodallGoodall

purchased

20 comma 00020,000

shares of its own common stock. Two months later, it reissued

2 comma 2002,200

shares. How many shares are issued and outstanding?

A.

92 comma 20092,200

issued and

72 comma 20072,200

outstanding

B.

90 comma 00090,000

issued and

72 comma 20072,200

outstanding

C.

90 comma 00090,000

issued and

90 comma 00090,000

outstanding

D.

110 comma 000110,000

issued and

107 comma 800107,800

outstanding