please explain how you got the numbers as well.

The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity: a. Purchased $351,900 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,950. c. Paid the dividends in (b). d. Issued 119,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account. E11-9 (Algo) Part 3 Prepare a statement of stockholders' equity, assuming the following opening balances. Net income for the current year was $289,000