Form 1120, Schedule K, question 7 (startup tax question)

On form 1120, Schedule K, question 7 says "At any time during the tax year, did one foreign person own, directly or indirectly, at least 25% of the total voting power of all classes of the corporation’s stock entitled to vote or at least 25% of the total value of all classes of the corporation’s stock?"

Would the above apply if no shares have been issued (shares were only authorized at incorporation)? In other words, can authorized shares be considered "stock entitled to vote" and what exactly does "all classes of the corporation's stock" mean --> would that include authorized shares, thereby requiring me to add the foreign individual?