The corporate charter of Ayayai Corp. allows the issuance of a maximum of 4,600,000 shares of $1 par value common stock. During its first three years of operation, Chris issued 2,120,000 shares at $13 per share. It later acquired 72,000 of these shares as treasury stock for $23 per share. Based on the above information, answer the following questions: (a) Your answer has been saved. See score details after the due date. How many shares were authorized? Authorised shares 4600000 shares (b) How many shares were issued? Shares issued shares Attempts: 1 of 1 used