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Problem 3-4 On December 31, 2018, what is the number of share outstanding?

Problem 3-5 On December 31, 2013, how many shares were issued and outstanding, respectively?

Problem 3-4 Bicol Company was incorporated on January 1, 2018: Jan 2 Number of shares authorized Feb 1 Number of shares issued July 1 Number of shares reacquired but not cancelled Dec. 1 Two-for-one share split 80,000 60,000 5,000 Required: On December 31, 2018, what is the number of shares outstanding? Problem 3-5 On January 1, 2018, May Company had 125,000 shares issued which included 25,000 shares held as treasury. January 1 through October 31 - 13,000 treasury shares were distributed to officers as part of share compensation plan. November 1 - A 3-for-1 share split took effect. December 1 - The entity purchases 5,000 of its own shares to discourage an unfriendly takeover. These shares were not retired. Required: On December 31, 2013, how many shares were issued and outstanding, respectively