Required information E11-2 Reporting Stockholders' Equity and Determining Dividend Policy [LO 11-2, LO 11-3] 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 ts is year, the following selected transactions were completed: a. Issued 7,000 shares of common stock for cash at $30 per share b. Issued 3,000 shares of common stock for cash at $33 per share. E11-2 Part 1 Required 1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Stockholders' Equity Assets Llabilities