Required information [The following information applies to the questions displayed below] Sun Corporation received a charter that authorized the issuance of 100,000 shares or 510 par common stock and 50,000 shares of $50 par, 5 percent cumulative preferred stock. Sun Corporation completed the following transactions during its first two years of operation Year 1 January 5 sold 6,000 shares of the sie pon common stock for 515 per share. Janvary 12 sold 1,600 shares of the 5 percent preferred stock for 555 per share. Apri1 5 sold 30,000 shares of the $10 par common stock for $21 per share. Decenber 31 During the year, earned $150,033 in cash revende and paid 568 ,0es for cash operating expenses. Deceeber 31 Declared the cash dividend on the outstanding shares of preferred stock for Year 1 . The dividend will be pald on february 15 to stocktolders of record on lanuary 10 , Year 2. Deceeber 31 closed the revenue, expense, and dividend accounts to the retained earnings occount. Year 2 February 15 paid the cash dividend declared on December 31 , Year 1 March 3 5old 15,000 shares of the $50 par preferred stock for $53 per share. May 5 Purchased 900 shares of the common stack as treasury stock at $24 per share. Oecember 31 During the year, earned $210,000 in cash revenues and paid $98, e00 for cash operating expenses. December 31 Declared the annual dividend on the preferred stock and o so.se per share dividend on the common stock. December 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? c-2. is there a difference between issued and outstanding common shares for Year 1? For Year 2? Complete this question by entering your answers in the tabs below. What is the number of common shares outstanding at the end of Year 17 At the end of Year 27 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.)