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

Common stock, $9 par, 12,000 shares authorized, 2,400 shares issued and outstanding	$	21,600
Paid-in capital in excess of par, common stock		14,800
Retained earnings		74,100

JAE Corp. completed the following transactions during Year 1:

1. Issued 750 shares of $9 par common stock for $29 per share.
2. Repurchased 160 shares of its own common stock for $26 per share.
3. Resold 50 shares of treasury stock for $27 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

d. Prepare the stockholders equity section of the balance sheet reflecting these transactions. (Amounts to be deducted should be indicated with minus sign.)

Stockholders' equity
Total paid-in capital		$0
Total stockholders equity