E11-2 Reporting Stockholders%u2019 Equity and Determining Dividend Policy [LO 11-2, LO 11-31 The following information 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. b. Issued 6,200 shares of common stock for cash at $22 per share. Issued 2,200 shares of common stock for cash at $25 per share