W Exercise 11-13A (Algo) Recording and reporting treasury stock transactions LO 11-5 The following information pertains to JAE Corporation at January 1, Year 1: Common stock, $12 par, 11,000 shares authorized, 2,200 shares issued and outstanding T Paid-in capital in excess of parcommon stock Retained earnings JAE Corporation completed the following transactions during Year 1: 1. Issued 800 shares of $12 par common stock for $27 per share. $26,400 12,300 50,600 2. Repurchased 220 shares of its own common stock for $24 per share. 3. Resold 50 shares of treasury stock for $25 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. Ded 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. Dok ant Req A and B Req C Req D Int Inces 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 bloxi Check my work B apped look Complete this question by entering your answers in the tabs below. Req A and B Req C Req D Organize the transactions data in accounts under the accounting equation. Note: Enter any decreases to account balances with a minus sign. Not all cells require input. Check my work JAE CORPORATION Accounting Equation for the Year 1 Assets Stockholders' Equity Event Liabilities Common Paid-in Capital Paid-in Capital Cash Stock In Excess Common Stock In Excess Treasury Stock Treasury Stock Retained Earnings Print arences Beginning balance 1. 2. 3. Ending balance N 0= 0+ Req A and B Req C Req D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. Stockholders' Equity JAE CORPORATION Balance Sheet (Partial) As or december 31 Total paid-in capital Total stockholders' equity