Question - The following data has been collected about Keller Company's stockholders' equity accounts:
Common stock $10 par value 28,000 shares authorized and 14,000 shares issued, 1,800 shares outstanding $140,000
Paid-in capital in excess of par value, common stock 58,000
Retained earnings 33,000
Treasury stock 22,140
Assuming the treasury shares were all purchased at the same price, the number of shares of treasury stock is:
33,000.
58,000.
28,000.
12,200.
140,000.