Question: The following data regarding its common stock were reported by a corporation: Authorized shares 30,000 Issued shares 28,000 Treasury shares 5,600 The number of outstanding

The following data regarding its common stock were reported by a corporation:

Authorized shares 30,000
Issued shares 28,000
Treasury shares 5,600

The number of outstanding shares is:

A) 35,600

B) 30,000

C) 24,400

D) 22,400

E) 28,000

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