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 6,200 shares of common stock for cash at $22 per share. b. Issued 2,200 shares of common stock for cash at $25 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.) b. Assets Liabilities Stockholders' Equity