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The following data is available for ABC Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100,000 shares) $400,000 Treasury Stock (at cost

The following data is available for ABC Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100,000 shares) $400,000 Treasury Stock (at cost $15 per share) $ 27,000 Based on the data, how many shares of common stock are outstanding? The following data is available for ABC Service Corporation at December 31, 2020: Common stock, par $10 (authorized 100,000 shares) $400,000 Treasury Stock (at cost $15 per share) $ 27,000 Based on the data, how many shares of common stock are outstanding? 40,000 38,200 50,000 49,880 None

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