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Aequired information Phe following information applies to the questions displayed bolow) The annual report for Malibu Beochwear reported the following vansactions affecting stockholders' equity. a.

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Aequired information Phe following information applies to the questions displayed bolow) The annual report for Malibu Beochwear reported the following vansactions affecting stockholders' equity. a. Purchased $351,300 of common stock now held in treasury. a. Dectared cash dividends in the amount of $260,650. c. Paid the dividends in (b). d. Issued 113,000 new shares of $0,10 par value common shares for $2 pet share. e. Closed the Dividends account. 3. Prepare a statement of stockholders' equity, assuming the following opening balances. Net income for the cy $283,000

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