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

$3\mathrm{.}33$

Common stock, $$10$ par, $20,000$ shares authorized, $2,000$ shares issued and outstandin

points

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

Retained earnings

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

Issued $3,000$ shares of $$10$ par common stock for $$25$ per share.

Repurchased $500$ shares of its own common stock for $$26$ per share.

Resold $200$ shares of treasury stock for $$30$ 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.

References

Complete this question by entering your answers in the tabs below.

Req A and $B$

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 period