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 5,700 shares of common stock for cash at $20 per share. b. Issued 1,700 shares of common stock for cash at $23 per share. E11-2 Part 1 ok 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.) Assets Liabilities a Cash 114,000 11,400 Stockholders' Equity Common Stock Additional Paid in Capital Common Stock Common Stock Additional Pad-in Capital, Common Stock Cash 39.100 3,400