Required information The following information applies to the questions displayed below) Global Marine obtained a charter from the state in January that authorized 1000,000 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 Issued 100.000 shares of the common stock at $55 cash per share. 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. 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 Liabilities Stockholders