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Vixon Company has 1 , 0 0 0 , 0 0 0 authorized shares, 5 0 0 , 0 0 0 issued shares, and 4

Vixon Company has 1,000,000 authorized shares, 500,000 issued shares, and 490,000 outstanding
shares at the beginning of 2018. In January of 2018, Vixon repurchases 40,000 shares. In June of 2018,
Vixon reissues 25,000 shares. In November of 2018, Vixon declares a 50% stock dividend on all
outstanding shares. How many outstanding shares does Vixon have at the end of 2018

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