The following information pertains to JAE Corp. at January 1, Year 2: Common stock, $9 par, 11,000 shares authorized, 2,200 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $19,800 12,800 71,500 JAE Corp. completed the following transactions during Year 2: 1. Issued 800 shares of $9 par common stock for $30 per share. 2. Repurchased 220 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? 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 B Reg C Reg D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances wit JAE CORPORATION Accounting Equation for the Year 2 Stockholders' Equity Assets Event = Liabilities + Cash Common Stock Paid-in Capital In Excess Common Stock + Paid-in Capital In Excess Treasury Stock Treasury Stock + Retained Earnings + + + + Beg. bal. 1. + + + + + + . 2. + + + + + + + + + + 3. + End. bal. 0 = 0+ 0+ 0+ 0 01 + 0 Complete this question by entering your answers in the tabs below. Req A and B Reqc Reg D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. JAE CORPORATION Balance Sheet (Partial) As of December 31, Year 2 Stockholders' Equity Total paid-in capital $ 0 Total stockholders' equity $ 0