The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown int follows Common stock ($2 par value) Additional paid-in capital Retained earnings Common equity Treasury stock (3,000 shares) Net common equity $ 63,000 13,000 33,000 $109,000 7,000 $102,000 a. How many shares are issued? Number of shares issued b. How many shares are outstanding? Outstanding shares