Liberty Corporation has the following information as of December 31, 2012: 
Based on the information above, how many shares of common stock have been issued?
Definitions:
Total Cost Function
Describes the complete cost of producing a given level of output, summing up all variable and fixed costs associated with production.
Fixed Cost
A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
Long-Run Cost Curve
A graphical representation that shows the minimum cost at which any output level can be produced when all inputs are variable.
Economic Profits
The difference between total revenue earned from production and the total opportunity costs of all inputs used in the production process.
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