9 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 1 of 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. points 02:39:47 Required: 1. Indicate the account, amount, and direction of the effect for the above transactions. (Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign.) Print Assets Stockholders' Equity Liabilities References | a[cash Common Stock Additional Paid-In Capital, Common Stock Treasury Stock b. Cash Stockholders' Equity Common Stock Additional Paid-In Capital, Common Stock Treasury Stock