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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.

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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 $350,200 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,100. c Pald the dividends in (bl d. Issued 102.000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Didends account Required: 1. Indicate the effect - for increase. - for decrease. --for Increase decrease of each of these transactions on total assets. liabilites, and stockholders' equity. (Leave cell blank if there is no effect) Assets Liabilities Stockholders Equity

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