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When Sharp Corporation was formed, it received permission from the state government to issue 100,000 shares. To date, a total of 30,000 shares have been

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When Sharp Corporation was formed, it received permission from the state government to issue 100,000 shares. To date, a total of 30,000 shares have been sold and another 6,000 were given to the firm's attorney in exchange for legal services provided. Currently, the corporation owns 2,000 of its own shares that it purchased recently on the open market. Determine the number of authorized issued and outstanding shares. Authorized shares __________ Issued Shares _______________ Outstanding shares ______________

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