Question: Regarding its common stock, Entity K has 1 2 , 5 0 0 authorized shares, 3 , 6 0 0 issued shares, and 5 0

Regarding its common stock, Entity K has 12,500 authorized shares, 3,600 issued shares, and 500 treasury shares that it recently purchased. What is the number of outstanding shares?
Regarding its common stock, Entity K has 12,500 authorized shares, 3,600 issued shares, and 500 treasury shares that it recently purchased. What is the number of outstanding shares?
8,900.
3,600.
3,100
4,100.

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