How many shares were unissued and unsubscribed

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Question - Pisces Corporation was incorporated last August 1, 2020. It was authorized to issue 50,000 ordinary shares with a par value of 40 per share. As of December 31, 2020, 45% of the authorized shares were issued at 50 per share. Another 30% of the authorized shares were subscribed at par, to which the entire amount remains unpaid at year-end. The balance of the authorized shares remains unissued and unsubscribed. How many shares were unissued and unsubscribed as of December 31, 2020?

Reference no: EM132980443

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