On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The entity had the following transactions in 2020: March 1 - Issued 15,000 shares. June 1 - Resold 2,500...

On January 1, 2020, Addy Company had 110,000 shares issued and 100,000 shares outstanding. The entity had the following transactions in 2020:
     March 1 - Issued 15,000 shares.
     June 1    - Resold 2,500 shares of treasury.
     September 1   Completed a 2-for-1 share split.
    What is the number of shares outstanding on December 31, 2020?