The authorized share capital of the Alfred Cake Company is 140,000 shares. Currently 29,000 shares are issued and outstanding. The equity is currently shown in the company's books as follows: Common stock Retained earnings Common equity $138,000 39,000 177,000 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 11,800 shares at $8.06 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