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The annual report for Incorporated disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 805 milion shares had

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The annual report for Incorporated disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 805 milion shares had been issued and the number of shares in treasury stock was 110 million. During 2017, the only common share transactions were that 18 million common shares were reissued from treasury and 29 million common shares were purchased and held as treasury stock Required: Determine the number of common shares (a) issued, (b) in treasury, and (d) outstanding at the end of 2017 (Enter your answers in millions.) Number of Common Shares (in millions) (a) Issued Stock (b) Treasury Stock (c) Shares Outstanding

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