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The charter of a corporation provides for the issuance of 104,000 shares of common stock. Assume that 53,000 shares were originally issued and 4,900 were

The charter of a corporation provides for the issuance of 104,000 shares of common stock. Assume that 53,000 shares were originally issued and 4,900 were subsequently reacquired. What is the number of shares outstanding?

a. 53,000

b. 57,900

c. 48,100

d. 4,900

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