The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $11 par, 14,000 shares authorized, 2,800 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $30,800 13,300 54,300 JAE Corp. completed the following transactions during Year 1: 1. Issued 800 shares of $11 par common stock for $27 per share. 2. Repurchased 230 shares of its own common stock for $24 per share. 3. Resold 50 shares of treasury stock for $25 per share. Cash Common Stock Beg. Bal Beg. Bal End. Bal End. Bal PIC in Excess of Par, CS Treasury Stock Beg. Bal Beg. Bal End. Bal End. Bal PIC in Excess of Cost, TS Beg. Bal End. Bal 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 S 0