The following information pertains to JAE Corp. at January 1, 2018:

Common stock, $10 par, 15,000 shares authorized, 3,000 shares issued and outstanding $ 30,000

Paid-in capital in excess of par, common stock 12,400

Retained earnings 70,000

JAE Corp. completed the following transactions during 2018:

Issued 900 shares of $10 par common stock for $27 per share.

Repurchased 200 shares of its own common stock for $24 per share.

Resold 50 shares of treasury stock for $25 per share.

Required:

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?

Organize the transactions data in accounts under the accounting equation.

Prepare the stockholders equity section of the balance sheet reflecting these transactions. Include the number of shares authorized, issued, and outstanding in the description of the common stock.

Complete this question by entering your answers in the tabs below. Req A and B Reqc Req D How many shares of common stock were outstanding and issued at the end of the period? a Outstanding shares at the end of the period b. Issued shares at the end of the period RA ReqC > Req A and B Reqc Reg D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with a JAE CORPORATION Accounting Equation for the Year 2018 Stockholders' Equity Book Assets Hint Event Cash Liabilities + Common Stock Paid-in Capital In Excess Common Stock Paid-in Capital In Excess Treasury Stock Treasury Stock Retained Earnings rences Beg bal 1 + + 3 End. bal ++ 2 Req A and B Reqc ReqD Prepare the stockholders' equity section of the balance sheet reflecting these transactions. nts JAE CORPORATION Balance Sheets (Partial) As of December 31 eBook Hint Stockholders' Equity Print eferences Total paid-in capital Total stockholders' equity * Reqc