Questions 9 11 (of 17) Ett-9 Recording and Reporting Stockholders Equity Transactions, Including Closing Entry LO 1-2, L [The following information apples to the questons asplayed belowl The annual report for Malibu Beachwear reported the following transactons affecting stockholders' equity a. Purchased $350,000 of common stock now held In treasury. Declared cash dividends in the amount of $260,000. c. Paid the dividends in (b). d Issued 100000 new shares of $010 par value common shares for$2 per share. e. Closed the DIVidends account. References Section Break E11-9 Recording and Reporting Stockholders Equity Transactions. Including Closing Entry LLO 11-2, LO 11-31 333 points E11-9