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The following data has been collected about Keller Company's stockholders' equity accounts: Common stock $10 par value 19,000 shares authorized and 9,500 shares issued, 2,100

The following data has been collected about Keller Company's stockholders' equity accounts:

Common stock $10 par value 19,000 shares authorized and 9,500 shares issued, 2,100 shares outstanding $95,000
Paid-in capital in excess of par value, common stock 49,000
Retained earnings 24,000
Treasury stock 23,940

Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:

  • 49,000.

  • 24,000.

  • 19,000.

  • 7,400.

  • 95,000.

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