Swifty Corporation December 31, 2020 balance sheet showed the following: 3% preferred stock, $500 par value $458,000 Common stock, $1 par value 600,000 Paid-in capital in excess of par value preferred stock 76,000 Paid-in capital in excess of par value common stock 8,000,000 Retained earnings 10,660,000 Treasury stock 136,500 The average cost of the treasury shares was $15 per share. Answer the following questions: (a) How many shares of common stock have been issued as of December 31, 2020? shares of common stock have been issued as of December 31, 2020.

Swifty Corporation December 31, 2020 balance sheet showed the following: 3% preferred stock, $500 par value Common stock, $1 par value Paid-in capital in excess of par value - preferred stock Paid-in capital in excess of par value - common stock Retained earnings Treasury stock $458,000 600,000 76,000 8,000,000 10,660,000 136,500 The average cost of the treasury shares was $15 per share. Answer the following questions: (a) How many shares of common stock have been issued as of December 31, 2020? shares of common stock have been issued as of December 31, 2020. e Textbook and Media