Worldwide Company obtained a charter from the state in January 2013, which authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $37,300 and the following selected transactions occurred in the order given:

a.	Issued 51,000 shares of the common stock at $11 cash per share.
b.	Reacquired 1,100 shares at $14 cash per share from stockholders.
c.	Reissued 550 of the shares of the treasury stock purchased in transaction (b) two months later at $17 cash per share.

CP11-1 Analyzing Accounting Equation Effects,Recording Journal Entries, and Preparing a Partial Balance Sheet Involving Stock Issuance, Purchase, and Reissuance Transactions LO 11-2] Worldwide Company obtained a charter from the state in January 2013, which authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $37,300 and the following selected transactions occurred in the order given: a. Issued 51,000 shares of the common stock at $11 cash per share. b. Reacquired 1,100 shares at $14 cash per share from stockholders. c. Reissued 550 of the shares of the treasury stock purchased in transaction (b) two months later at $17 cash per share. Required: 1. Indicating the account, amount, and direction of the effect for increase and for decrease) for the above transaction. (Enter all amounts as positive values.) Stockholders' Equity Transaction Assets Liabilities