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 $400,000 of net income, declared no dividends, and the following selected transactions occurred in the order given: a. Issued 100,000 shares of the common stock at $55 cash per share. b. Reacquired 25,000 shares at $50 cash per share c Reissued 10,000 shares from treasury for $51 per share d. Reissued 10,000 shares from treasury for $49 per share. 2. Prepare journal entries to record each transaction (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Journal entry worksheet