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At December 31, the records of Nortech Corporation provided the following selected and incomplete data:...

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Accounting

At December 31, the records of Nortech Corporation provided the following selected and incomplete data: Common stock (par $1; no changes during the current year). Shares authorized, 500,000. Shares issued, ?; issue price $19 per share. Common Stock account, $170,000. Shares held as treasury stock, 2,700 shares, cost $17 per share. Net income for the current year, $100,380. Dividends declared and paid during the current year, $36,806. Retained Earnings balance, beginning of the year, $152,000.

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