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Roscoe Corporation has 1 2 0 , 0 0 0 shares of common stock authorized. There are 8 2 , 0 0 0 shares issued

Roscoe Corporation has 120,000 shares of common stock authorized. There are 82,000 shares issued and 64,000 shares
outstanding. How many shares of treasury stock does Roscoe own?
18,000
38,000
56,000
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