E11-2 (Static) Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] [The following information applles 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: a. Issued 6.000 shares of common stock for cash at $20 per share. b. Issued 2,000 shares of common stock for cash at $23 per share. E11-2 (Static) Part 1 Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter ony decreases to occount balonces with o minus sign.)