Bloom Corporation issued 60,000 shares of common stock.Bloom purchased 9000 shares and later reissued 900 shares.How many shares are issued and outstanding?
A) 51,000 issued and 51,000 outstanding
B) 60,000 issued and 51,000 outstanding
C) 51,900 issued and 51,900 outstanding
D) 60,000 issued and 51,900 outstanding
Correct Answer:
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