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The following data is available for Sunland Company at December 31, 2017: Common stock, par $10 (authorized 32000 shares) $256000 Treasury stock (at cost $15

The following data is available for Sunland Company at December 31, 2017:

Common stock, par $10 (authorized 32000 shares)	$256000
Treasury stock (at cost $15 per share)	$1125

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

32000.

25525.

25600.

28725.

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