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Global Marine obtained a charter from the state in January that authorized $1,000,000$ shares of common stock, $$5$ par value. During the first year, the company earned $$400,000$ of net income and declared no dividends; the following selected transactions occurred in the order given:

Issued $1$

$00,000$ shares of the common stock at $$55$ cash per share.

Reacquired $25,000$ shares at $$50$ cash per share.

Reissued $10,000$ shares from treasury for $$51$ per share.

Reissued $10,000$ shares from treasury for $$49$ per share.

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.$)$