Nautical has two classes of stock authorized $10 par preferred, and $1 par value common As of the beginning of 2015, 150 shares of preferred stock and 1,900 shares of common stock have been issued The following transactions affect stockholders equity during 2015 March 1 Issue 1,900 additional shares of common stock for $16 per share April 1 Issue 150 additional shares of preferred stock for $29 per share June 1 Declare a cash dividend on both common and preferred stock of $0 55 per share to all stockholders of record on June 15 June 30 Pay the cash dividends declared on June 1 August 1 Repurchase 250 shares of common treasury stock for $13 per share October 1 Reissue 150 shares of treasury stock purchased on August 1 for $15 per share Nautical has the following beginning balances in its stockholders equity accounts on January 1, 2015 Preferred Stock, $1,500 Common Stock, $1,900 Paid in Capital, $18,400 and Retained Earnings, $10,400 Net income for the year ended December 31, 2015, is $7,100 Record each of thesetransactions (If no entry is required for a transaction event, select No journal entry required in the first account field ) Select whether each of these transactions would increase ( ), decrease ( ), on total assets, total liabilities, and total stockholders equity by completing the following table (If none of the categories apply for a particular item, leave the cell blank )

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Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2015, 150 shares of preferred

Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2015, 150 shares of preferred stock and 1,900 shares of common stock have been issued. The following transactions affect stockholders? equity during 2015:

March	1	Issue 1,900 additional shares of common stock for $16 per share.
April	1	Issue 150 additional shares of preferred stock for $29 per share.
June	1	Declare a cash dividend on both common and preferred stock of $0.55 per share to all stockholders of record on June 15.
June	30	Pay the cash dividends declared on June 1.
August	1	Repurchase 250 shares of common treasury stock for $13 per share.
October	1	Reissue 150 shares of treasury stock purchased on August 1 for $15 per share.

Nautical has the following beginning balances in its stockholders? equity accounts on January 1, 2015: Preferred Stock, $1,500; Common Stock, $1,900; Paid-in Capital, $18,400; and Retained Earnings, $10,400. Net income for the year ended December 31, 2015, is $7,100.

Record each of thesetransactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Select whether each of these transactions would increase (+), decrease (?), on total assets, total liabilities, and total stockholders? equity by completing the following table. (If none of the categories apply for a particular item, leave the cell blank.)