The following information pertains to JAE Corporation at January $1,$ Year $1$:

Common stock, $$10$ par, $14,000$ shares authorized, $2,800$

shares issued and outstanding

Paid$-$in capital in excess of par, common stock

$$28,000$

$12,800$

$66,200$

Retained earnings

$66,200$

JAE Corporation completed the following transactions during Year $1$:

Issued $1,100$ shares of $$10$ par common stock for $$30$ per share.

Repurchased $240$ shares of its own common stock for $$27$ per share.

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 $B$

Req C

Req D

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 perio