Required information (The following esfonituan applies to the questions disoliyed belowy) Giobal Mavine obtained a chater frome the state in Jahuary that authorized 1,000000 shares of common stock, 56 par value. During the first yeat, the company earned 5300000 of net income and dectared no dividends, the following seliested transactions occured in the order pyen A fused 120000 shares of the common stock at 545 cash per shafe b Recocyared 15000 sthares at $40 calh per thare. c Reistued 5.000 shares form lrearumy lon 541 per share. af Reswiund 50000 shares ficm treasury for $39 per share. Required 1. hhdicate the account, amount, and deection of the effect on above transaction. (Enter any decreases to Assets, Lisbilities and Sheckholders' Equity with a finus sign.)