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 13,500 63,100 JAE Corp. completed the following transactions during Year 1: 1. Issued 1,200 shares of $11 par common stock for $30 per share. 2. Repurchased 180 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 Reqc Req D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. $ JAE CORPORATION Balance Sheets (Partial) As of December 31 Stockholders' Equity Common stock Paid-in capital in excess of par, common stock Paid-in capital in excess of cost, treasury stock Common stock Total paid-in capital Retained earnings 44,000 36,300 50 $ 80,350 (3,510) Total stockholders' equity $ 76,840