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The charter of a corporation provides for the issuance of 126,000 shares of common stock. Assume that 66,000 shares were originally issued and 12,100 were

The charter of a corporation provides for the issuance of 126,000 shares of common stock. Assume that 66,000 shares were originally issued and 12,100 were subsequently reacquired. What is the number of shares outstanding?

Select the correct answer.

66,000

126,000

53,900

12,100

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