The following information pertains to JAE Corp. at January 1, Year 1: Common stock, $12 par, 14,000 shares authorized, 2,800 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $33,600 15,700 63,800 JAE Corp. completed the following transactions during Year 1: 1. Issued 750 shares of $12 par common stock for $26 per share. 2. Repurchased 160 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. Req A and B Reqc ReqD 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 Req A and B Reg C Reg D Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with a minus sign.) JAE CORPORATION Accounting Equation for the Year 1 Stockholders' Equity Assets Event Liabilities + Cash Common Stock Paid-in Capital In Excess Common Stock Pald-in Capital In Excess Treasury Stock Treasury Stock Retained Earnings Begbal 1. 2 3 End, bal 0 0 0 Prepare the stockholders' equlty section of the balance sheet reflecting these transactions. JAE CORPORATION Balance Sheets (Partial) As of December 31 Stockholders' Equity Total paid-in capital $ 0 Total stockholders' equity $ 0