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Upon submitting its corporate charter to the state, Lazer was granted permission to issue 6 , 0 0 0 shares of $ 0 . 3
Upon submitting its corporate charter to the state, Lazer was granted permission to issue shares of $ par value common stock. Net income for the year for Lazer was $ In addition, the following transactions took place during the year:
tableJanuary :Investors paid Lazer $ each for shares of common stockMarch :Lazer purchases shares of its own common stock for $ per shareOctober :Lazer declared a for forward stock split
As of December how many shares are issued, and how many shares are outstanding?
Select one:
a Issued, ; Outstanding,
b Issued, ; Outstanding,
c Issued, ; Outstanding,
d Issued, ; Outstanding,
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