Required information [The following information applies to the questions displayed below.) Sun Corporation received a charter that authorized the issuance of 101,000 shares of $3 par common stock and 20,000 shares of $125 par, 5 percent cumulative preferred stock. Sun Corporation completed the following transactions during its first two years of operation: Year 1 Jan. 5 Sold 15,150 shares of the $3 par common stock for $5 per share. 12 Sold 2,000 shares of the 5 percent preferred stock for $135 per share. Apr. 5 Sold 20,200 shares of the $3 par common stock for $7 per share. Dec. 31 During the year, earned $301,300 in cash revenue and paid $238,400 for cash operating expenses. 31 Declared the cash dividend on the outstanding shares of preferred stock for Year 1. The dividend will be paid on February 15 to stockholders of record on January 10, Year 2. 31 Closed the revenue, expense, and dividend accounts to the retained earnings account. ces , Year 2 Feb. 15 Paid the cash dividend declared on December 31, Year 1. Mar. 3 Sold 3,000 shares of the $125 par preferred stock for $145 per share. May 5 Purchased 450 shares of the common stock as treasury stock at $6 per share. Dec. 31 During the year, earned $246,900 in cash revenues and paid $173,400 for cash operating expenses. 31 Declared the annual dividend on the preferred stock and a $0.50 per share dividend on the common stock. 31 Closed revenue, expense, and dividend accounts to the retained earnings account. c-1. What is the number of common shares outstanding at the end of Year 1? At the end of Year 2? How many common shares had been issued at the end of Year 1? At the end of Year 2? (Amounts to be deducted should be indicated with minus sign.) Schedule of Number of Shares of Common Stock