[The following Information applies to the questions displayed below] Whyville Corporation obtained its charter from the state in January that authorized 500,000 shares of common stock, $1 par value. During the first year, the company earned $66,000 and the following selected transactions occurred in the order given: Issued 280,000 shares of the common stock at $31 cash per share. b. Reacquired 5.800 shares at $32 cash per share to use as stock incentives for senior management value: 10.00 points