b. What is the baiance of the ireasury stock account after these traasacticns? Exercise SA Recording and reporting treasury stock transactions The following information pertains to JAE Corp, at January 1, 2016: Common stock, $10 par, 20,000 shares authorized, 2,000 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $20,000 15,000 82,000 JAE Corp. completed the following transactions during 2016: 1. Issued 3,000 shares of S10 par common stock for $25 per share. 2. Repurchased 500 shares of its own common stock for $26 per share. 3. Resold 200 shares of treasury stock for $30 per share. Required a. How many shares of common stock were outstanding at the end of the period? b. How many shares of common stock had been issued at the end c. Prepare journal entries for these transactions and post them to T-accounts. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions. of the period? Include the number of shares authorized, issued, and outstanding in the description of the common stock. Exercise 11-10A Fffaat uC