The following information pertains to jae corp. at january 1. year 1common stock, $10 par, 10,000 shares authorized, 2,000 shares issued and outstanding $20,000paid in capital in excess of par, common stock $25,000retained earnings $57,000jae corp. completed the following transactions during year 1: 1. issued 1100 shares of $10 par common stock for $27 per share2. repurchased 200 shares of its own common stock for $24 per share3. 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.