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/The following information applies to the questions displayed below] The 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: 3.50 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