E$11-1($Algo$)$ Computing Shares Outstanding LO$11-1$

In a recent annual report, Rosh Corporation disclosed that $61,900,000$ shares of common stock have been authorized. At the beginning of the fiscal year, a total of $36,546,357$ shares had been issued and the number of shares in treasury stock was $7,361,269.$ During the year, $568,265$ additional shares were issued, and the number of treasury shares increased by $3,129,188.$

Determine the number of shares outstanding at the end of the year.

Note: Amounts to be deducted should be indicated by a minus sign.