Business, 21.04.2020 04:13 labarmakenzie884

The stockholders’ equity section of Flounder Corp.’s balance sheet at December 31 is presented here.

FLOUNDER CORP.
Balance Sheet (partial) Stockholders’ equity Paid-in capital Preferred stock, cumulative, 9,300 shares authorized, 5,600 shares issued and outstanding $ 582,400 Common stock, no par, 759,000 shares authorized, 589,000 shares issued 2,945,000
Total paid-in capital 3,527,400
Retained earnings 1,155,000
Total paid-in capital and retained earnings 4,682,400
Less:
Treasury stock (6,700 common shares) 36,000
Total stockholders’ equity $4,646,400

How many shares of common stock are outstanding?

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The stockholders’ equity section of Flounder Corp.’s balance sheet at December 31 is presented here....

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