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The balance of the Common Stock account for ABC Company is a credit balance of $100,000. Par Value is $2.00 per share. There is also

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The balance of the Common Stock account for ABC Company is a credit balance of $100,000. Par Value is $2.00 per share. There is also a Treasury Stock account with a debit balance of $10,000 with a cost basis of $1.00 per share. From this information, how many shares of common stock have been issued and how many are outstanding? OA) 50,000 issued; 10,000 outstanding B) 50,000 issued; 50,000 outstanding C) 50,000 issued: 40,000 outstanding D) 40,000 issued; 40,000 oustanding

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