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The charter of a corporation provides for the issuance of 103,000 shares of common stock. Assume that 68,000 shares were originally issued and 12,000 were

The charter of a corporation provides for the issuance of 103,000 shares of common stock. Assume that 68,000 shares were originally issued and 12,000 were subsequently reacquired. What is the number of shares outstanding?

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