Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $300,000 of net income, declared no dividends, and the following selected transactions occurred in the order given:

1. Issued 120,000 shares of the common stock at $45 cash per share.
2. Reacquired 15,000 shares at $40 cash per share.
3. Reissued 5,000 shares from treasury for $41 per share.
4. Reissued 5,000 shares from treasury for $39 per share.

A	L	EQ

Required:

1. Indicate the account, amount, and direction of the effect on above transaction. (Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign.)

I know the names of the accounts I cant seem to get my numbers right