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

Common stock, $$10$ par, $9,000$ shares authorized, $1,800$ shares issued and outstanding

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

$$18,000$

$17,900$

$50,400$

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

Issued $850$ shares of $$10$ par common stock for $$26$ per share.

Repurchased $150$ 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 $B$

Req D

Organize the transactions data in accounts under the accounting equation.

Note: Enter any decreases to account balances with a minus sign.

JAE CORPORATION

Accounting Equation for the Year $2$

Assets

Stockholders' Equity