Required information [The following information applies to the questions displayed below] Sun Corporation recelved a charter that authorized the issuance of 85,000 shares of $6 par common stock and 21,000 shares of $100 par, 8 percent cumulative preferred stock. Sun Corporation completed the following transactions during its first two years of operation. Year 1 Jan. 5 sold 12,750 shares of the $6 par conmon stock for $8 per share. 12 sold 2,100 shares of the 8 porcent preferred stock for $110 per share. Apr. 5 Sold 17,000 shares of the $6 par comon stock for $10 per share. Dec.31 Doring the year, earned $315,900 in cash revenue and paid $240,900 for cash operating expenses. 31 Declared the cash dividend on the outstanding shares of preferred atock for Year 1. The dividend will be paid on Pebruary 15 to stockholders of record on January 10 , Year 2. Year 2 Feb.15 Said the cash dividend declared on Decenber 31, Year 1 . Mar. 3 Sold 3,150 shares of the $100 par preterred stock for $120 per share. May. 5 purchaned 500 sharen of the common stoek as treasury stock at $12 per share. bee, 1 buring the year, earned $252,700 in cash revenues and paid $176,500 for cash operating expenses. 31 Declared the annual dividend on the preferred stoek and a $0.25 per thare dividend on the common 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.) c-2. Are there any differences between issued and outstanding common shares for Year 1 and Year 2