Homestead Co. reported the following in its statement of stockholders' equity on January 1, Year 4: Common stock, $10 par value, authorized 1,000,000 shares, issued 200,000 shares $2,000,000 Additional paid-in capital 600,000 Retained earnings 1,500,000 $4,100,000 Less treasury stock, at cost, 10,000 shares (180,000) Total stockholders' equity $3,920,000 The following events occurred in Year 4: March 1: 8,000 shares of treasury stock were reissued for $96,000. August 1: 5,000 shares of previously unissued common stock were sold for $15 per share. December 1: The distribution of a 2-for-1 stock split resulted in halving of the common stock's per-share par value. Homestead accounts for treasury stock under the cost method. Laws in the state of Homestead's incorporation protect shares held in treasury from dilution when stock dividends or stock splits are declared. The number of outstanding common shares at December 31, Year 4, should be