In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 60,800,000 shares of common stock have been authorized. At the beginning of the fiscal year, a total of 35,873,592 shares had been issued and the number of shares in treasury stock was 7,251,269. During the year, 562,765 additional shares were issued, and the number of treasury shares increased by 3,074,188. Determine the number of shares outstanding at the end of the year. (Amounts to be deducted should be indicated by a minus sign.) Computation of Shares Outstanding Issued shares Treasury stock Shares outstanding Check my work Required information [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 300,000 shares of common stock. Since the company was incorporated, it has sold a total of 160,000 shares (at $16 per share) to the public. It has bought back a total of 25,000. The par value of the stock is $3. When the stock was bought back from the public, the market price was $40. Required: 1. Determine the authorized shares. Authorized shares Required information [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 300,000 shares of common stock. Since the company was incorporated, it has sold a total of 160,000 shares (at $16 per share) to the public. It has bought back a total of 25,000. The par value of the stock is $3. When the stock was bought back from the public, the market price was $40. 2. Determine the issued shares. Issued shares Required information [The following information applies to the questions displayed below.] The charter of Vista West Corporation specifies that it is authorized to issue 300,000 shares of common stock. Since the company was incorporated, it has sold a total of 160,000 shares (at $16 per share) to the public. It has bought back a total of 25,000. The par value of the stock is $3. When the stock was bought back from the public, the market price was $40. 3. Determine the outstanding shares. Outstanding shares