The corporate charter of Martin Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. During its first three vears of operation, Martin issued 3,200,000 shares at $15 per share. It later acquired 30,000 of these shares as treasury stock for $25 per share. Based on the above information answer the following questions: How many shares were authorized? Authorised shares shares How many shares were issucd? Shares issued shares eTextbook and Media How many thares are outstandine? Outitandine shares thares What is the balance of the Cormon Stock account? Balance of the Common Stock account What is the balance of the Trearury Stock account? D.dance of the Trrasury 5tock arcount 5