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How many shares of stock are issued

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Question - The stockholders' equity section of a balance sheet at December 31, 2015 is provided below:

Common stock, $0.50 par value $10,000

Paid-in capital in excess of par--common stock 40,000

Total capital stock 50,000

Retained earnings 25,000

Less: Treasury stock (at cost, $20 per share) < 2,000>

Total Stockholders' Equity $73,000

How many shares of stock are issued?

18,000

19,800

20,000

20,200

Reference no: EM132052517

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