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Nautical has two classes of stock authorized: $ 1 0 par preferred, and $ 1 par value common. As of the beginning of 2 0

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Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2024,125 shares of preferred stock and 3,000 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024:Nautical has the following beginning balances in its stockholders' equity accounts on January 1,2024: Preferred Stock, $1,250; Common Stock, $3,000; Additional Paid-in Capital, $19,500; and Retained Earnings, $11,500. Net income for the year ended December 31,2024, is $7,650.2. Select whether each of the following transactions increases (+) or decreases (-) total assets, total liabilities, and total stockholders' equity. (If none of the categories apply for a particular item, leave the cell blank.)
\table[[Transaction,\table[[Total],[Assets]],\table[[Total],[Liabilities]],\table[[Total],[Stockholders'],[Equity]]],[Issue common stock,,,]]
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