The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown in the company's books as follows: Common stock ($2 par value) Additional paid-in capital Retained earnings Common equity Treasury stock (5,e00 shares) Net common equity $ 70,800 20,800 40,800 $130,000 14,000 $116,800 a. How many shares are issued? Number of shares issued