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What bradley corporation would show

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Problem 1: When Bradley Corporation incorporated, it was authorized to issue 1,000,000 shares of common stock. It immediately issued 50,000 shares. In 2016, it issued an additional 20,000 shares. In 2019, it repurchased 5,000 shares with the intent of reissuing them. On the December 31, 2019, balance sheet, Bradley Corporation would show

a 50000 shares issued and 45000 shares outstanding
b 70000 shares issued and 65000 shares outstanding
c 70000 shares issues 70000shares outstanding
d 1000000 shares issued and outstanding

Reference no: EM132773208

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