View Policies Current Attempt in Progress Pina Colada Corp. December 31, 2020 balance sheet showed the following: 4% preferred stock, $400 par value $453,000 Common stock, $1 par value 531,000 Paid-in capital in excess of par value - preferred stock 62,000 Paid-in capital in excess of par value - common stock 8,120,000 Retained earnings 10,750,000 Treasury stock 166,950 The average cost of the treasury shares was $15 per share. Answer the following questions: (a) How many shares of common stock have been issued as of December 31, 2020? shares of common stock have been issued as of December 31, 2020