[The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $1 par value. During its first year, the following selected transactions were completed:

1. Issued 6,500 shares of common stock for cash at $25 per share.
2. Issued 2,500 shares of common stock for cash at $28 per share.

Required:

1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.)