$!$

Required information

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

Nicole has been financing Nicole's Getaway Spa $($NGS$)$ using equity financing. Currently NGS has authorized $100,000$ nopar preferred shares and $200,000$$$2$ par common shares. Outstanding shares include $46,000$ preferred shares and $36,000$ common shares.

Recently the following transactions have taken place.

a$.$ NGS issues $800$ preferred shares for $$13$ a share.

b$.$ NGS repurchases $800$ common shares for $$12$ a share.

c$.$ On November $12,$ the board of directors declares a $$0\mathrm{.}50$ cash dividend on each outstanding preferred share.

d$.$ The dividend is paid December $20.$

$3.$ Show the overall effect of each transaction on the assets, liabilities, and shareholders' equity of the company. $($Use $+$ for increase, for decrease, and NE for no effect.$)$

$\backslash$table$[[$Transaction$,$Balance Sheet$],[$Assets$,$Liabilities,Stockholders' Equity$],[$a$.,$L$,$T$,$T$],[$b$.,,,$L$],[$c$.,r,10,+1],[$d$.,>,|,f$