Required information 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 $440,000 of net income, declared no dividends, and the following selected transactions occurred in the order given: Issued 110,000 shares of the common stock at $59 cash per share. b Reacquired 29,000 shares at $54 cash per share. Reissued 12.000 shares from treasury for $55 per share. d Reissued 12,000 shares from treasury for $53 per share. Check my work a. Issued 110,000 shares of the common stock at $59 cash per share. b Reacquired 29,000 shares at $54 cash per share c Reissued 12,000 shares from treesury for $55 per share. d Reissued 12,000 shares from treesury for $53 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.) Assets a. b. d