7 Required information Part 1 of 4 [The following information applies to the questions displayed below.] The following selected transactions occurred for Corner Corporation: February 1 Purchased 540 shares of the company's own common stock at $34 cash per share; the stock is now held in treasury. July 15 Issued 170 of the shares purchased on February 1 for $44 cash per share. September 1 Issued 130 more of the shares purchased on February 1 for $29 cash per share. Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) February 1 July 15 July 15 September 1 September 1 Assets (18,360) = = 7,480 = = 3,770 = Liabilities heck my work + Stockholders' Equity + Treasury Stock (18,360) + + Treasury Stock 5,780 ++ + Additional Paid-In Capital, Treasury Stock