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The corporate charter of Blue Spruce Corp. allows the issuance of a maximum of 4,800,000 shares of $1 par value common stock. During its first

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The corporate charter of Blue Spruce Corp. allows the issuance of a maximum of 4,800,000 shares of $1 par value common stock. During its first three years of operation, Anthony issued 2.160,000 shares at $13 per share. It later acquired 81.000 of these shares as treasury stock for $24 per share. Based on the above information, answer the following questions: How many shares were authorized? Authorised shares shares How many shares were issued Shares issued shares How many shares are outstanding? Outstanding shares shares What is the balance of the Common Stock account? Balance of the Common Stock account What is the balance of the Treasury Stock account? Balance of the Treasury Stock account

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