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 years 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: Part 1 How many shares were authorized? Authorised shares shares eTextbook and Media Attempts: 0 of 5 used Part 2 How many shares were issued? Shares issued shares eTextbook and Media Attempts: 0 of 5 used Part 3 How many shares are outstanding? Outstanding shares shares eTextbook and Media Attempts: 0 of 5 used Part 4 What is the balance of the Common Stock account? Balance of the Common Stock account \$ eTextbook and Media Attempts: 0 of 5 used Part 5 What is the balance of the Treasury Stock account? Balance of the Treasury Stock account \$