The following information pertains to JAE Corp. at January 1. Year 1 Common stock, $10 par, 10,000 shares authorized, 2,000 shares issued and outstanding Paid in capital in excess of par, common stock Retained earnings $20,000 15,000 57,000 JAE Corp. completed the following transactions during Year 1 1. Issued 1100 shares of $10 par common stock for $27 per share 2. Repurchased 200 shares of its own common stock for $24 per share 3. Resold 50 shares of treasury stock for $25 per share. Required o. 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. Req A and Req C Rea D Organize the transactions data in nder the accounting equation. (Enter any decreases to account balances with a minu accou E CORPORATION Accounting Equation for the Year 1 Assets Stockholders' Equity Paid-in Capital Paid in pital Treasury Retained ommon Stock Treasury Stock Event Hl In ExcesS n Excess Liabilities Common Cash Stock Stock Earnings Beg bal. 29,700a 11,000+ 18,700+ 2. | End bal .- 29700 | 01 t 11.000 18,700+ Req A and B Req D >