Upon submitting its corporate charter to the state, Super Zip-line was granted permission to issue 5,000 shares of $0.30 par value common stock. Net income for the year for Super Zip-line was $82,000. In addition, the following transactions took place during the year: January 2: Investors paid Super Zip-line $7 each for 2,100 shares of common stock.
March 12: Super Zip-line purchases 500 shares of its own common stock for $6.50 per share.
October 31: Super Zip-line declared a 2-for-1 forward stock split.
As of December 31, show work for how many shares are issued, and how many shares are outstanding.