RKJ Company has provided the following information:

$124,000$ shares of $$5$ par value common stock are authorized

$79,600$ shares have been issued

$71,000$ shares are outstanding

Which of the following statements is correct?

Multiple Choice

RKJ can issue an additional $53,000$ shares of common stock.

RKJ has $44,400$ shares of treasury stock.

RKJ can resell $8,600$ shares of treasury stock.

RKJ can issue an additional $44,400$ shares of treasury stock.