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) Additional paid-in capital Retained earnings Common equity Treasury stock (4,000 shares) Net common equity $ 64,000 14,000 34,000 $112,000 8,000 $104,000 a. How many shares are issued? Number of shares issued b. How many shares are outstanding? Outstanding shares c. How many more shares can be issued without the approval of shareholders? Number of shares issued