Required Information The following Information applies to the questions displayed below Global Marine obtalned a charter from the state In January that authorized 1,000,000 shares of common stock, $5 par value. During the first year, the company earned $490,000 of net Income, declared no dividends, and the following selected transactions occurred In the order glven: a Issued 100,000 shares of the common stock at $64 cash per share. b. Reacqulred 34,000 shares at $59 cash per share. C. Reissued 14,500 shares from treasury for $60 per share. d. Relssued 14,500 shares from treasury for $58 per share. 3. Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign GLOBAL MARINE Balance Sheet (Partial) At December 31 Stockholders Equity Contributed Capital Total Contributed Capital Total Total Stockholders Equity