Exercise $11-13$A $($Algo$)$ Recording and reporting treasury stock transactions LO $11-5$

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

$01$:$23$:$50$

Common stock, $$11$ par, $10,000$ shares authorized,

$\backslash$table$[[2,000$ shares issued and outstanding,$$22,000$