Please Refer to the Following Information for Peartree Company

Please refer to the following information for Peartree Company: If Peartree resold 800 shares of treasury stock for $15 per share, what amounts would be shown for the number of shares issued and outstanding?

A) 100,800 issued; 95,000 outstanding
B) 100,000 issued; 95,800 outstanding
C) 100,000 issued; 94,200 outstanding
D) 100,000 issued; 5,800 outstanding