Question: E 1 1 - 1 ( Algo ) Computing Shares Outstanding [ LO 1 1 - 2 ] The annual report for Mega Mills disclosed

E11-1(Algo) Computing Shares Outstanding [LO 11-2]
The annual report for Mega Mills disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2022,740 million shares had been issued and the number of shares in treasury stock was 105 million. During 2022, the only common share transactions were that 14 million common shares were reissued from treasury and 20 million common shares were purchased and held as treasury stock.
Required:
Determine the number of common shares
issued,
in treasury, and
outstanding at the end of 2022.

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