Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. During the first year, the company earned $37,900, declared no dividends, and the following selected transactions occurred in the order given:

1. Issued 57,000 shares of the common stock at $11 cash per share.
2. Reacquired 1,700 shares at $14 cash per share from stockholders; the shares are now held in treasury.
3. Reissued 850 of the shares in transaction (b) two months later at $17 cash per share.

Required 1. Indicating the account, amount, and direction of the effect on above transaction. (Enter any decreases to Assets, Liabilities and Stockholders' Equity with a minus sign.) Assets Liabilities Stockholders' Equity