onnect IN Question 6 (of 15) The following information applies to the questions displayed below he annual report for Malilbu Beachwear reported the following transactions affecting stockholders equity a. Purchased $350.900 of common stock now held in treasury b. Declared cash dividends in the amount of $260,450 c. Pald the dividends in (b). d. Issued 109,000 new shares of $010 par value common shares for $2 per share. e. Closed the Dividends account value 2.00 points 2. Prepare journal entries to record each of these events. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of $350,900 common stock