! 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 6,900 shares of common stock for cash at $29 per share b. Issued 2,900 shares of common stock for cash at $32 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.) Assets Liabilities Stockh it = a b. b