The corporate charter of Sheridan Corporation allows the issuance of a maximum of 4,160,000 shares of $1 par value common stock During its first three years of operation, Sheridan issued 2,163,200 shares at $15 per share. It later acquired 83,200 of these shares as treasury stock for $25 per share. Based on the above information, answer the following questions How many shares were issued? Shares issued shares How many shares are outstanding? Outstanding shares eTextbook and Media X Your answer is incorrect. What is the balance of the Common Stock account? Balance of the Common Stock account $ shares What is the balance of the Treasury Stock account? Balance of the Treasury Stock account $