Please refer to the following information for Peartree Company: 
If Peartree purchases an additional 1,000 shares of treasury stock at $18 per share, what amounts will be shown for the number of shares issued and outstanding?
A) 100,000 issued; 94,000 outstanding
B) 99,000 issued; 95,000 outstanding
C) 100,000 issued; 96,000 outstanding
D) 101,000 issued; 99,000 outstanding
Correct Answer:
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