The authorized share capital of the Alfred Cake Company is 140,000 shares. The equity is currently shown in the company's books as follows: Common stock ($1 par value) $ 64,000 Additional paid-in capital 14,000 Retained earnings 34,000 Common equity $112,000 Treasury stock (4,000 shares) 8,000 Net common equity $104,000 a. How many shares are issued? b. How many shares are outstanding? c. How many more shares can be issued without the approval of shareholders? (Ctrl)