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

a$.$ Purchased $$350,600$ of common stock now held in treasury.

b$.$ Declared cash dividends in the amount of $$260,300.$

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

d$.$ Issued $106,000$ 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, $+/-$ for increase$/$decrease$)$ of each of these transactions on total assets, liabilities,

and stockholders' equity. $($Leave cell blank if there is no effect.$)$The annual report for Malibu Beachwear reported the following transactions affecting stockholders$$ equity:

Purchased $$350,600$ of common stock now held in treasury.

Declared cash dividends in the amount of $$260,300.$

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

Issued $106,000$ 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. $($Leave cell blank if there is no effect.$)$