The following information pertains to Wise Corp. at January 1, 2014: Common stock, $10 par, 11,000 shares authorized, 2,200 shares issued and outstanding $22,000 Paid-in capital in excess of par, common stock 14,500 Retained earnings 59,800 Wise Corp. completed the following transactions during 2014:

1. Issued 1,000 shares of $10 par common stock for $26 per share.

2. Repurchased 160 shares of its own common stock for $23 per share.

3. Resold 50 shares of treasury stock for $24 per share.

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.