The following information pertains to JAE Corporation at January $1,$ Year $2$:

Common stock, $$8$ par, $14,000$ shares authorized, $2,800$ shares

issued and outstanding

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

$$22,400$

Retained earnings

$16,500$

$73,000$

JAE Corporation completed the following transactions during Year $2$:

Issued $900$ shares of $$8$ par common stock for $$26$ per share.

Repurchased $230$ shares of its own common stock for $$23$ per share.

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 $B$

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