Required information PA11-1 (Algo) Analyzing Accounting Equation Effects, Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance and Purchase Transactions [LO 11-2] The following information applies to the questions displayed below] 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 $320.000 of net income and declared no dividends; the following selected transactions occured in the order given: a. Issued 100,000 shares of the common stock at $47 cash per shase b. Reacquired 17,000 shares at $42 cash per share. c. Reissued 6.000 shares trom treasury for $43 per shate d Reissued 6,000 shares from treasury for $41 per share. 2. Prepare journal entries to record each fransaction. (If no entry is required for a transoction/event, select "No Journal Entry Required in the first account field.)