Problem 10-2B Record equity transactions and indicate the effect on the balance sheet equation (LO10-2, 10-3, 10-4, 10-5) [The following information applies to the questions displayed below.] Nautical has two classes of stock authorized: $10 par preferred, and $1 par value common. As of the beginning of 2021, 150 shares of preferred stock and 2,800 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March 1 Issue 2,800 additional shares of common stock for $12 per share. April 1 Issue 150 additional shares of preferred stock for $38 per share. June 1 Declare a cash dividend on both common and preferred stock of $0.35 per share to all stockholders of record on June 15. June 30 Pay the cash dividends declared on June 1. August 1 Purchase 250 shares of common treasury stock for $9 per share. October 1 Reissue 150 shares of treasury stock purchased on August 1 for $11 per share. Nautical has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $1,500; Common Stock, $2,800; Additional Paid-in Capital, $19,300; and Retained Earnings, $11,300. Net income for the year ended December 31, 2021, is $7,550. Problem 10-2B Part 2 2. Select whether each of the following transactions increases (+) or decreases (-) total assets, total liabilities, and total stockholders' equity. (If none of the categories apply for a particular item, leave the cell blank.) Transaction Issue common stock leanralarrad stock Total Total Assets Total Liabilities Stockholders' Equity