The authorized share capital of the Alfred Cake Company is 150,000 shares. Currently 28,500 shares are issued and outstanding. The equity is currently shown in the company's books as follows: a. How many more shares can be issued without the approval of shareholders? Number of shares that can be issued b. If the company issues 11,700 shares at $7.89 a share, show how this will appear in the company's books. (Enter your answers in thousands of dollars. Round your answers to 1 decimal place.) Common Shares Retained Earnings Net Common Equity