Question: Common stock $ 1 0 par value 1 8 , 0 0 0 shares authorized and 9 , 0 0 0 shares issued, and 2

Common stock $10 par value 18,000 shares authorized and 9,000 shares issued, and 2,200 shares outstanding$ 90,000Paid-in capital in excess of par value, common stock48,000Retained earnings23,000Treasury stock24,860
Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
Multiple Choice
24,800.
15,800.
6,800.
1,243.
2,486.

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