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The following data is available for Cheyenne Corp. at December 31, 2020: Common stock, par $10 (authorized 31000 shares) $217000 Treasury stock (at cost $15

The following data is available for Cheyenne Corp. at December 31, 2020:

Common stock, par $10 (authorized 31000 shares)

$217000

Treasury stock (at cost $15 per share)

$1125

Based on the data, how many shares of common stock are outstanding?

21625.

21700.

31000.

24725.

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