Kress Products’ corporate charter authorizes the firm to sell 800,000 shares of $10 par common stock. At the beginning of 2011, Kress had sold 318,000 shares and had reacquired 4,500 of those shares. The reacquired shares were held as treasury stock. During 2011, Kress sold an additional 24,350 shares and purchased 8,200 more treasury shares.

Required:
Determine the number of issued and outstanding shares at December 31, 2011.