10 Required information [The following information applies to the questions displayed below.] Whyville Corporation obtained its charter from the state in January that authorized 500,000 shares of common stock, $1 par value. During the first year, the company earned $56,000, declared no dividends, and the following selected transactions occurred in the order given Part 2 of2 8 points a. Issued 180,000 shares of the common stock at $21 cash per share b. Reacquired 4,800 shares at $22 cash per share to use as stock incentives for senior management. 02:38:59 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Print View transaction list View journal entry worksheet References No Transaction General Journal Debit Credit Cash Common Stock Additional Paid-In Capital, Common Stock 2 Treasury Stock Cash