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ET-Z Reporting Stockholders Equlty and Determining DIidend Policy LO IEZ, LO 11-3] The following information applies to the questions displayed below Incentlve Corporation was authorized

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ET-Z Reporting Stockholders Equlty and Determining DIidend Policy LO IEZ, LO 11-3] The following information applies to the questions displayed below Incentlve 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 6,100 shares of common stock for cash at $21 per share. b. Issued 2,100 shares of common stock for cash at $24 per share. References E11-2 Reporting Stockholders Equity and Determining Dividend Policy [LO 11-2, LO 11-3 Section Break

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