The following data were reported by a corporation: Authorized shares 36,000 Issued shares 31,000 Treasury shares 11,500 The number of outstanding shares is: Multiple Choice 31,000. 19,500. 36,000. The number of outstanding shares is: Multiple Choice o 31,000. o 19,500. o 36,000. o 47,500. o 24,500. Mayan Company had net income of $30,780. The weighted-average common shares outstanding were 8,100. The company declared a $2,800 dividend on its noncumulative, nonparticipating preferred stock. There were no other stock transactions. The company's earnings per share is: Multiple Choice Torino Company has 1,100 shares of $20 par value, 5.0% cumulative and nonparticipating preferred stock and 11,000 shares of $10 par value common stock outstanding. The company paid total cash dividends of $500 in its first year of operation. The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is: Multiple Choice A company issued 90 shares of $100 par value common stock for $10,600 cash. The total amount of paid-in capital in excess of par is: Multiple Choice 5900. $1600. $9000. $10,600