The following data were reported by a corporation: | Authorized shares | 34,000 | | --- | --- | | Issued shares | 29,000 | | Treasury shares | 18,500 | The number of outstanding shares is: | Multiple Choice | 23,500 | | --- | --- | | ☐ | 18,500 | | ☐ | 44,500 | | ☐ | 34,000 |
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Answer

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Step 1
I'll solve this accounting problem step by step, following the specified LaTeX formatting guidelines:

Step 2
: Understand the Given Information

- Treasury shares: $$18,500
- Issued shares: 29,000

Final Answer

Note: None of the multiple-choice options match the correct answer of 10,500, which suggests there might be an error in the original problem or answer choices.