Bramble Corporation Balance Sheet (partial) Stockholders' equity
Paid-in capital Preferred stock, cumulative, 11,700 shares
authorized, 7,000 shares issued and outstanding
,$700,000
Common stock, no par, 729,000shares authorized, 559,000 shares issued Total paid in capital 2,795,0003,495,000
Retained earnings Total paid-in capital and retained earnings 1,197,000Less: Treasury stock (7,900common shares
4,92,000 Total stockholders' equity 42,100$4,649,900
From a review of the stockholders' equity section, answer the following questions.
(a)
How many shares of common stock are outstanding?
Common stock outstanding
shares