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

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 $13,200$

Retained earnings

$70,100$

JAE Corporation completed the following transactions during Year $1$:

Issued $1,050$ shares of $$10$ par common stock for $$26$ per share.

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

Resold $50$ shares of treasury stock for $$24$ 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

Prepare the stockholders' equity section of the balance sheet reflecting these transactions.

$\backslash$table$[[$JAE CORPORATION$],[$Balance Sheet $($Partial$),],[$Stockholders$\text{'}$ Eouitv,As of December $31]]$

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.

$\backslash$table$[[$JAE CORPORATION,$],[$Balance Sheet $($Partial$),],[$As of December $31,],[$Stockholders$\text{'}$ Equity,,$],[,,],[$Total paid$-$in capital,,$],[,,],[,,$$