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The following data is available for Kingbird, Inc. at December 31, 2020: Common stock, par $10 (authorized 28000 shares) $196000 Treasury stock (at cost $15

The following data is available for Kingbird, Inc. at December 31, 2020: Common stock, par $10 (authorized 28000 shares) $196000 Treasury stock (at cost $15 per share) $975 Based on the data, how many shares of common stock are outstanding?

A 22335.

B 19600.

C 19535.

D 28000.

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