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QS 13-16 Impacts of stock Issuances, dividends, splits, and treasury transactions LO P2, P3 Select whether stockholders' equity would Increase (1). decrease (D). or have no effect (NE) as a result of each separate transaction listed below. List Equity 1. Treasury shares of preferred stock are purchased. 2. A large stock dividend is issued. 3. New shares of preferred stock are sold for cash 4. A small stock dividend is distributed