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Use the incomplete stockholders' equity section of XZ Company's balance sheet as of December 31, 2012. to answer the following question. Common stock. $7 par.

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Use the incomplete stockholders' equity section of XZ Company's balance sheet as of December 31, 2012. to answer the following question. Common stock. $7 par. 100,000 shares authorized $700,000 Additional paid-in capital--common 160,000 Retained earings? Treasury stock (3,000 shares at cost) (16,000) Total stockholders' equity 974,000 How many shares of common stock are outstanding? Select one: a. 100.000 O b.78,000 C. 68.000 e d.97.000

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