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The annual report for Malibu Beachwear reported the following transactions affecting stockholders$$ equity:

Purchased $$351,500$ of common stock now held in treasury. Required information

$[$The following information applies to the questions displayed below.$]$

The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity:

a$.$ Purchased $$351,500$ of common stock now held in treasury.

$b.$ Declared cash dividends in the amount of $$260,750.$

c$.$ Paid the dividends in $(b).$

d$.$ Issued $115,000$ new shares of $$0\mathrm{.}10$ par value common shares for $$2$ per share.

e$.$ Closed the Dividends account.

Required:

Indicate the effect $(+$ for increase, $-$ for decrease, $\frac{+}{-}$ for increase$/$decrease$)$ of each of these transactions on total assets, liabilities,

and stockholders' equity. $($Leave cell blank if there is no effect.$)$

Declared cash dividends in the amount of $$260,750.$

Paid the dividends in $($b$).$

Issued $115,000$ new shares of $$0\mathrm{.}10$ par value common shares for $$2$ per share.

Closed the Dividends account.

Required:

Indicate the effect $(+$ for increase, $$ for decrease, $+/$ for increase$/$decrease$)$ of each of these transactions on total assets, liabilities, and stockholders$$ equity.