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Required informotion Problem 10-2B (Algo) Record equity transactions ond indicate the effect on the balance sheet equation (LO10-2, 10-3, 10-4, 10-5) The following information applies to the questions displiged below] Nautical has two classes of stock authorized $10 par preferred, and $1 par value common. As of the beginning of 2024 . 100 shares of preferred stock and 1,500 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 . Farch 1 tssue 1, ses edditional shares of common stock for $20 per share. April 1 Issue 2e0 adatilional shares of peferred stock for $25 per share. on June 15 . June 30 Pay the cash dividends declared on zune 1 . August 1 Furchase 200 shares of conmon treasury stbek for $27 per share. October 1 felssue 100 shares of treasury stock purchased on Rugust 1 for 519 per share. Nautical has the following beginning balances in its stockhoiders' equity accounts on Jarnuary 1, 2024: Preferred Stock, \$1000; Common Stock, \$1,500; Additional Paid-in Capital, \$18,000, and Retained Eamings, \$10,000. Net income for the year ended December 31,2024 , is $6,900 Problem 10-2B (Algo) Port 2 2. Select whether each of the following transactions inctesses (+) or decreases () total assets; total liabilities, and total stockholders equity. (If none of the categories apply for a particular item, leave the cell blank.)