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

1. Issued 1000 shares of $11 par common stock for $26 per share.

2. Repurchased 220 shares of its own common stock for $23 per share.

3. Re-sold 50 shares of treasury stock for $24 per share.

Required

A. How many shares of common stock where else standing at the end of the period?

B. How many shares of common stock has been issued at the end of the period?

C. Organize the transactions data an accounts under the accounting equation.

D. Prepared the stockholders equity section of the balance sheet reflecting these transactions.

The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $11 par, 14,000 shares authorized, 2,880 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $30,800 13,400 59,500 JAE Corp. completed the following transactions during Year t: 1. Issued 1,000 shares of $11 par common stock for $26 per share. 2 Repurchased 220 shares of its own common stock for $23 per share. 3. Resold 50 shares of treasury stock for $24 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 Req C Req D How many shares of common stock were outstanding and issued at the end of the period