3 Required information. Part 3 of 3 111 points Print PA11-1 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions [LO 11-2] (The following information applies to the questions displayed below] Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $320,000 of net income and declared no dividends, the following selected transactions occurred in the order given a. Issued 100,000 shares of the common stock at $47 cash per share b. Reacquired 17.000 shares at $42 cash per share. c. Reissued 6.000 shares from treasury for $43 per share. d. Reissued 6,000 shares from treasury for $41 per share. Help Save & B Part 3 of 3 3. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.) 111 points Print Contributed Capital Common Stock GLOBAL MARINE Balance Sheet (Partial)) At December 31 Stockholders' Equity Additional Paid-In Capital Common Stock Total Contributed Capital Retained Earnings Total Less Treasury Stock, at cost Total Stockhold Equity 0