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The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock $5 par, 500,000 shares authorized $360,000 Paid-In

The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31.

Common Stock $5 par, 500,000 shares authorized $360,000
Paid-In Capital in Excess of ParCommon Stock 610,000
Preferred Stock $100 par, 100,000 shares authorized 540,000
Paid-In Capital in Excess of ParPreferred 150,000
Retained Earnings 290,000
Treasury Stock (cost $10 per share) 80,000

How many shares of common stock are outstanding?

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