6. Zelienople Co. reported the following information at December 31,2016: Preferred stock, $10...

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Accounting

6. Zelienople Co. reported the following information at December 31,2016:
Preferred stock, $10 par, 5,000 shares authorized, cumulative $ 50,000
Common stock, $1 par, 500,000 shares authorized 200,000
Additional paid-in capitalCommon 25,000
Retained earnings 75,000
Total contributed capital and retained earnings $350,000
Less: Treasury stock (400 shares at cost)5,000
Total stockholders' equity $345,000
The number of shares of common stock issued is
a.5,000.
b.200,000.
c.500,000.
d.550,000.

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