Answer:
B. number of shares issued are 60,000.
Step-by-step explanation:
The computation is shown below:
Since the value of the common stock is $60,000 and the par value is $1
So, the number of common shares issued is
= $60,000 รท $1
= 60,000
Hence, the number of shares issued is 60,000
Therefore, the option b is correct