RECOMMENDED!!As of December 31, 2016-Capital Stock, $1,000,000

  

As of December 31, 2016:Capital Stock, $1,000,000 ($1 par)Paid-In Capital in Excess of Par Value—Common, $4,000,000Retained Earnings Balance on January 1, 2016, $400,000Retained Earnings Balance on December 31, 2016, $300,000Dividends declared and paid in 2016: $1,100,000How many shares of stock are issued and outstanding?

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