In 201 (the current year), the following transactions affecting equity occurred: a. Additional shares of common stock were issued in July. No other common stock was issued during the year. b. A cash dividend of $0.90 per share was declared and paid on common stock in December. c. The Treasury Stock-Preferred was purchased at par in January. d. Additional preferred stock was issued for cash in July. e. The yearly cash dividend of $0.50 per share was declared and paid on preferred stock outstanding as of December 3 , 201. Requlred: Answer the following questions about transactions in 201 : Anelyze: What is the yearly dividend reduction because of the treasury stock purchase? Complete this question by entering your answer in the tabs below. Answer the following questions about transactions in 20X1: (Round "sales price per share" answer to 2 decimal places.) Complete this question by entering your answer in the tabs below. What is the yearly dividend reduction because of the treasury stock purchase