ssigned Problem PA11-1,3,5, Calculation Divs and Split... Saved You searched for f.. Help Save & Exit Submit Check my work 1 art 1 of 3 ints Bock P References [The following information applies to the questions displayed below] Global Marine pbtained a charter from the state in January that authorized 1,000,000 shares of common stock. $5 par velue. During the first year, the company earned $490,000 of net income and declared no dividends; the following selected transactions occurred in the order given: a. Issued 100,000 shares of the common stock at $64 cash per share. b. Reacquired 34,000 shares at $59 cash per share. c. Reissued 14,500 shares from treasury for $60 per share. d. Reissued 14,500 shares from treasury for $58 per share. Required: 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.) Cash 4 b. Cash Cash Assets IN Liabilities Stockholders' Equity Common Stock Additional Paid-in Capital Common Stock Treasury Stock Treasury Stock + w d Cash d Prev Be Treasury Stock Additional Paid-in Capital Treasury Stock