Assume Dessert Destination, Inc., completed the following transactions during 2021 , the company's 10 th year of operations: (Click the icon to view the transactions.) Requirements 1. Analyze each transaction in terms of its effect on the accounting equation of Dessert Destination. 2. What impact did each transaction have on cash flows? Requirements 1 and 2. Analyze each transaction in terms of its effect on the accounting equation of Dessert Destination. What impact did each transaction have on cash flows? (Use parentheses or a minus sign to show a decrease. Enter a "0" for any portion of the accounting equation not affected by each transaction.) More info Feb 3 Issued 17,000 shares of common stock ( $3.00 par) for cash of $408,000. Mar 19 Purchased 3,000 shares of the company's own common stock at $20 per share. Apr 24 Sold 2,700 shares of treasury common stock for $31 per share. Aug 15 Declared a cash dividend on the 9,000 shares of $0.30 no-par preferred stock. Sep 1 Paid the cash dividends. Nov 22 Declared and distributed a 20% stock dividend on the 96,000 shares of $3.00 par common stock outstanding. The market value of the common stock was $21 per share