THE TONOWIlly inviation pertainS LU JAE Corporation at January 1, Itali. Common stock, $11 par, 12,000...

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THE TONOWIlly inviation pertainS LU JAE Corporation at January 1, Itali. Common stock, $11 par, 12,000 shares authorized, 2,400 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $26,400 16,000 58,800 JAE Corporation completed the following transactions during Year 1: 1. Issued 800 shares of $11 par common stock for $25 per share. 2. Repurchased 230 shares of its own common stock for $22 per share. 3. Resold 50 shares of treasury stock for $23 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 C' Req D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. JAE CORPORATION Balance Sheet (Partial) Stockholders' Equity Total paid-in capital Total stockholders' equity As of December 31 $ 0 $ 0 THE TONOWIlly inviation pertainS LU JAE Corporation at January 1, Itali. Common stock, $11 par, 12,000 shares authorized, 2,400 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $26,400 16,000 58,800 JAE Corporation completed the following transactions during Year 1: 1. Issued 800 shares of $11 par common stock for $25 per share. 2. Repurchased 230 shares of its own common stock for $22 per share. 3. Resold 50 shares of treasury stock for $23 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 C' Req D Prepare the stockholders' equity section of the balance sheet reflecting these transactions. JAE CORPORATION Balance Sheet (Partial) Stockholders' Equity Total paid-in capital Total stockholders' equity As of December 31 $ 0 $ 0