Please Refer to the Following Information for Petra Sales Company

Please refer to the following information for Petra Sales Company:
• Common stock, $1.00 par, 200,000 issued, 180,000 outstanding
• Paid-in capital in excess of par: $1,600,000
• Retained earnings: $2,440,000
• Treasury stock: 20,000 shares purchased at $12 per share
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If Petra Sales sells 10,000 shares of treasury stock at $14 per share, what amounts will be shown for the number of shares issued and outstanding?

A) 200,000 issued; 190,000 outstanding
B) 210,000 issued; 190,000 outstanding
C) 210,000 issued; 180,000 outstanding
D) 200,000 issued; 170,000 outstanding