Required information [The following information applies to the questions displayed below] Whyville Corporation obtained its charter from the state in January that authorized 500,000 shares of common stock, 51 par value. During the first year, the company earned $49.000, declared no dividends, and the following selected transactions occurred in the order given: a Issued 110.000 shares of the common stock at $14 cash per share b. Reacquired 4.100 shares at $15 cash per share to use as stock Incentives for senior management 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.)