Winslow Corporation reported the following in the stockholders' equity section of its balance sheet at December 31, 2016: Common stock, $1 stated value $10,000 Additional paid-in capital—common 40,000 Retained earnings 25,000 Total contributed capital and retained earnings $75,000 Less: Treasury stock (at cost $20 per share) (2,000) Total stockholders' equity $73,000 How many shares of stock
are issued?
a. 9,000
b. 10,000
c. 10,100
d. Not enough information to determine.
b
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