$!$

Required information

$[$The following information applies to the questions displayed below.$]$

The charter of Vista West Corporation specifies that it is authorized to issue $216,000$ shares of common stock. Since the company was incorporated, it has sold a total of $149,000$ shares $($at $$16$ per share$)$ to the public. It has bought back a total of $15,000.$ The par value of the stock is $$6.$ When the stock was bought back from the public, the market price was $$29.$

Required:

Determine the authorized shares.