The Following Data Is Available for BOX Corporation at December

question 61

Multiple Choice

The following data is available for BOX Corporation at December 31, 2017: $\begin{array}{lr}\text { Common stock, par \( \$ 10 \) (authorized 30,000 shares) }&\$270,000\\\text {Treasury stock (at cost \( \$ 15 \) per share) }&\$1,200\\\end{array}$
Based on the data, how many shares of common stock are issued?

• A)30,000.
• B)27,000.
• C)29,920.
• D)26,920.

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