Question: Common stock $ 1 0 par value 2 4 , 0 0 0 shares authorized, 1 2 , 0 0 0 shares issued, and 1

Common stock $10 par value 24,000 shares authorized, 12,000 shares issued, and 1,400 shares outstanding
Paid-in capital in excess of par value, common stock
$120,000
Retained earnings
54,000
Treasury stock
29,000
16,660
Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
Common stock $10 par value 24,000 shares authorized, 12,000 shares issued,

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