Required information The following information applies to the questions displayed below.] Global Marine obtained a charter from the state in January thot authorized 1,000,000 shares of common stock. 55 por value. During the first year, the compony earned $400,000 of net income and declared no dividends: the following selected transoctions occurred in the order given: a. Issued 100.000 shares of the cammon stock at $55 cash per share b. Reacquired 25,000 shares ot $50 cash per share. c. Reissued 10.000 sheres from treasury for $51 per share. d. Reissued to,000 shares from treasury for $49 per share Required: 1. Indicate the account, amount, and direction of the effect on obove transoction (Enter any decreases to Assets, Liabilities and Stockholders' Equity with o minus sign.)