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 5,100 shares of common stock for cash at $21 per share. b. Issued 1,100 shares of common stock for cash at $24 per share. 2. Prepare the journal entry required for each of these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) No Transaction General Journal Credit Debit 107,100 Cash Common Stock Additional Paid-In Capital, Common Stock 10,200 117,300 x 26,400 Cash Common Stock Additional Paid-In Capital, Common Stock 2,200 28,600