Exercise 8-13A (Algo) Recording and reporting treasury stock transactions LO 8-5 The following information pertains to JAE Corp. at January 1. Year 2: Common stock, $9 par, 9,000 shares authorized, 1,800 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $16,200 14,300 60,900 JAE Corp. completed the following transactions during Year 2: 1. Issued 950 shares of $9 par common stock for $31 per share. 2. Repurchased 200 shares of its own common stock for $28 per share. 3. Resold 50 shares of treasury stock for $29 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 of the period? c. Organize the transactions data in accounts under the accounting equation. d. Prepare the stockholders' equity section of the balance sheet reflecting these transactions Complete this question by entering your answers in the tabs below