B Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 The following information pertains to JAE Corp. at January 1, Year 1: Sed Common stock, $9 par, 12,000 shares authorized, 2,400 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $21,600 14,200 57,700 3 ok JAE Corp. completed the following transactions during Year 1: 1. Issued 950 shares of $9 par common stock for $30 per share. 2. Repurchased 160 shares of its own common stock for $27 per share. 3. Resold 50 shares of treasury stock for $28 per share. mt Required a. How many shares of common stock were outstanding at the end of the period? 1. How many shares of common stock had been issued at the end of the period? Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Complete this question by entering your answers in the tabs below. Req A and B Reg C ReqD How many shares of common stock were outstanding and issued at the end of the period? w a. Outstanding shares at the end of the period b. Issued shares at the end of the period Rog Ane ReqC > CS Scanned with CamScanner Complete this question by entering your answers in the tabs below. Req A and B ReqC Reg D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with a minus sign. Not all cells require Input.) JAE CORPORATION Accounting Equntion for the Year 1 Assets Stockholders' Equity Event Liabilities Common Pald-in Capital Paldin Capital Treasury Retained Cash In Excess In Exces Stock Stock Earnings Common Stock Treasury Stock Beg. bal. 1. 2 3. , bat 0 ol O 0. 0. Einscanned with Caniscanner RegD Complete this question by entering your answers in the tabs below. Req A and B Req C Reg D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. JAE CORPORATION Balance Sheet (Partial) As of December 31 Stockholders' Equity 0 Total paid-in capital 0 Total stockholders' equity