Flagler Corporation Shows a Total of $625,000 in Its Common

Multiple Choice

Flagler Corporation shows a total of $625,000 in its common stock account and $1,100,000 in its paid-in capital in excess of par value − common stock account. The par value of Flagler's common stock is $5. How many shares of Flagler stock have been issued?

A) 220,000.
B) 345,000.
C) 125,000.
D) It cannot be determined