The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $11 par, 13,000 shares authorized, 2,600 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $28,600 12,100 73,700 JAE Corp. completed the following transactions during Year 1 1. Issued 900 shares of $11 par common stock for $30 per share. 2. Repurchased 170 shares of its own common stock for $27 per share 3. Resold 50 shares of treasury stock for $28 per share Required a. How many shares of common stock were outstanding at the end of the period? Outstanding shares at the end of the period b. How many shares of common stock had been issued at the end of the period? Issued shares at the end of the period c. Prepare journal entries for these transactions and post them to T-accounts. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet 1 2 3 > Issued 900 shares of $11 par common stock for $30 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 View general journal Record entry Clear entry c. Prepare journal entries for these transactions and post them to T-accounts. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.)