Question: Answer Question 23 (3 points) The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock - $5

 Answer Question 23 (3 points) The Torre Company has the following

Answer Question 23 (3 points) The Torre Company has the following stockholders' equity account balances in stockholders equity on December 31. Common Stock - $5 par, 500,000 shares authorized $360,000 Paid-In Capital in Excess of ParCommon Stock 600,000 Preferred Stock - $100 par, 100,000 shares authorized 520,000 Paid-In Capital in Excess of ParPreferred 120,000 Retained Earnings 220,000 Treasury Stock (cost-$10 per share) 130,000 How many shares of common stock are outstanding? Your

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