24 Panto Required information [The following information applies to the questions clayed below! Whyville Corporation obtained its charter from the state in January that authorized 500.000 shares of common stock 51 par value. During the first year, the company earned 540,000, detare ne didends and the following selected transactions occurred in the order in 03 Med 110.000 shares of the common stock at 14 cash per share Reacuired 400 shares at 515 cash per Share to use is stock incentives for senior management Required 1. Indicate the account amount and direction of the effect for the one transactions. Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign) Stoly under