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

Common stock, $$8$ par, $12,000$ shares authorized, $2,400$ shares issued and outstanding $ $19,200$

Paid$-$in capital in excess of par, common stock $15,500$

Retained earnings $74,800$

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

Issued $800$ shares of $$8$ par common stock for $$30$ per share.

Repurchased $170$ shares of its own common stock for $$27$ per share.

Resold $50$ shares of treasury stock for $$28$ per share.

Required

How many shares of common stock were outstanding at the end of the period?

How many shares of common stock had been issued at the end of the period?

Organize the transactions data in accounts under the accounting equation.

Prepare the stockholders$$ equity section of the balance sheet reflecting these transactions.