United specialists inc has authorized 60000 shares of 1 par, Financial Accounting

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United specialists inc has authorized 60000 shares of 1 par

United Specialists, Inc. has authorized 60,000 shares of $1 par common stock. Prior to 2015, United had issued 30,000 shares to stockholders. Early in 2015, United declared and distributed a 10 percent stock dividend. If United subsequently purchases of 2,000 shares to hold as treasury stock, what will be the number of shares authorized, issued, and outstanding?

Authorized __________

Issued ____________

Outstanding___________

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Financial Accounting: United specialists inc has authorized 60000 shares of 1 par

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