Part 1 of 4 2.85 H Prot 10 Required information (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. Issued 6,600 shares of common stock for cash at $26 per share. b. Issued 2.600 shares of common stock for cash at $29 per share. 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.) References a b. Cash b Assets Liabilities + Susmit Check my work Stockholders' Equity