Global Marine obtained a charter from the state in January that authorized 1000000 shares of common stock, 55 par value. During the first year, the company earned $450,000 of net income, declared no dividends, and the following selected transactions occurred in the order given a. Issued 120,000 shares of the common stock at $60 cash per share. b. Reacquired 30,000 shares at $55 cash per share. Reissued 12,500 shares from treasury for $56 per share d. Reissued 12.500 shares from treasury for $54 per share Required: Indicate the account, amount and direction of the effect on above transaction (Enter any decreases to Assets, Liabilities and tockholders' Equity with a minus sign.) Assets - Liabilities Stockholders' Equity