COUNTING 018-cct 201-00R Chapter 11 Question 2 (of 3) 2. 5.00 points The following information pertains to JAE Corp. at January 1, 2016 Common stock, $9 par, 10,000 shares authorized 2,000 shares issued and Paid-in capital in excess of par, Retained earnings outstanding $18.000 14,000 66.400 common stock JAE Corp. completed the following transactions during 2016: 1. Issued 750 shares of $9 par common stock for $27 per share 2. Repurchased 250 shares of its own common stock for $24 per share 3. Resold 50 shares of treasury stock for $25 per share Required a. How many shares of common stock were outstanding at the end of the period? How many shares of common stock had been issued at the end of the period? b