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Questions 4-7 (of 13) E11-2 Reporting Stockholders Equity and Determining Dividend Policy LO 11- 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 5,800 shares of common stock for cash at $18 per share b. Issued 1,800 shares of common stock for cash at $21 per share. References Section Break E11-2 Reporting Stockholders Equity and