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The following data is available for Ayayai Corp. at December 31, 2020: ...

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Accounting

The following data is available for Ayayai Corp. at December 31, 2020:

Common stock, par $10 (authorized 26000shares)

$234000

Treasury stock (at cost $15 per share)

$1125

Based on the data, how many shares of common stock are outstanding?

26000.

Or

23325.

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