The following information pertains to Wise Corp. at January 1, 2014: Common stock, $10 par, 50,000 shares authorized, 3,000 shares issued and outstanding $30,000 Paid-in capital in excess of par, common stock 12,000 Retained earnings 46,000 Wise Corp. completed the following transactions during 2014: 1. Issued 2,000 shares of $10 par common stock for $16 per share. 2. Repurchased 500 shares of its own common stock for $18 per share. 3. Resold 120 shares of treasury stock for $20 per share. The following information pertains to Wise Corp. at January 1, 2014: Common stock, $10 par, 50,000 shares authorized, 3,000 shares issued and outstanding $30,000 Paid-in capital in excess of par, common stock 12,000 Retained earnings 46,000 Wise Corp. completed the following transactions during 2014: 1. Issued 2,000 shares of $10 par common stock for $16 per share. 2. Repurchased 500 shares of its own common stock for $18 per share. 3. Resold 120 shares of treasury stock for $20 per share. 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

c. Organize the transactions data in accounts under the accounting equation. (Enter any decreases to account balances with a minus sign.) WISE CORPORATION Accounting Equation for the Year 2014 Stockholders' Equity Assets Liabilities Common Cash Paid-in Capital Paid-in Capital Stock n Excess n Excess Treasury Retained Common Stock Treasury Stock Stock Earnings Event Begg. bal. I- End. bal