pter 11-Assignment Questions 1-2 (of 4) The following information applies to the questions displayed below The annual report for Malibu Beachweer reported the following transactions affecting stockholders' equity a. Purchased $351000 of common stock now held in treasury b. Declared cash dividends in the amount of $260,500 c Paid the dividends in (b) d. Issued 110,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account value 10.00 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 $351,000 common stock. Note: Enter debits before credits. Firefox automatically sends some data to Marilla n that ue