Complete the table, indicating the amount, and direction of the effect for the above transactions.

E11-2 (Static) Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] The following information applies fo the questions displayed below] incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $1 par value. During its first yeat, the following selected transactions were completed: a. Istued 6,000 shares of common stock for cash at $20 per share. b. issued 2,000 shares of common stock for cash ot $23 per share. \$11-2 (Static) Part 1 tequired: - Complete the table below, indicoting the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.)