E11-2 Reporting Stockholders Equity and Determining Dividend Policy LO 11-2, LO 11-3] The following Iinformation applies to the questions displayed below Incentive Corporation was authorized to Issue 12,000 shares of common stock, each with a $2 par value During its first year, the following selected transactions were completed a. Issued 6,200 shares of common stock for cash at $22 per share b. Issued 2.200 shares of common stock for cash at $25 per share References Section Break E11-2 Reporting Stockholders Equity and Determining Dividend Policy [LO 11-2, LO 11-3] value 0.76 points E11-2 Part 1 Required 1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Stockholders' Equity Additional Paid-in Capital, Common Stock Assets Liabilities a. Cash Common Stock