Let's examine your ability to calculate stock shares issued and outstanding. Assume the following transactions during the year (assume those transactions took place in numerical order:
) Issued 100,000 shares of stock
2) Authorized a 2 for 1 stock split
3) Bought back 30,000 shares of Treasury Stock
4) Issued a 15% stock dividend
5) Re-issued 10,000 shares of stock
As of year end, how many shares are: 1) issued, 2) outstanding and 3) in Treasury stock
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