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The balance sheet of Warner Company showed the following data about its common stock, par $1: authorized shares, 5,000,000; outstanding shares, 2, 300,000; and issued

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The balance sheet of Warner Company showed the following data about its common stock, par $1: authorized shares, 5,000,000; outstanding shares, 2, 300,000; and issued shares 2, 500,000. Therefore, the number of treasury stock shares was 0. 2, 700,000. 2, 500,000. 200,000. None of the above is correct

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