Flagler Corporation shows a total of $660,000 in its common stock account and $1,600,000 in its paid-in capital in excess of par value - common stock account. The par value of Flagler's common stock is $8. How many shares of Flagler stock have been issued?

A. 200,000
B. 82,500
C. 117,500
D. It cannot be determined


Answer: B

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