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 $351,300 of common stock now held in treasury b. Declared cash dividends in the amount of $260,650 c. Paid the dividends in (b) d. Issued 113,000 new shares of $010 par value common shares for $2 per share e. Closed the Dividends account. Required: 1. Indicate the effect (+ for increase. - for decrease, +1 - for increaseidecrease) of each of these transactions on total assets, Mabilities, and stockholders' equity. (Leave cell blonk if there is no effect.) Required information [The following information applies to the questions displayed below] The annual report for Malibu Beachwear reported the following transactions affecting stockhoiders' equity: a. Purchased $351,300 of common stock now held in treasury b. Deciared cash dividends in the amount of $260,650 c. Paid the dividends in (b) d. Issued 113,000 new shares of $010 par value common shares for $2 per share. e. Closed the Dividends account: Prepare journal entries to record each of these events. (If no entry is required for a transoction/event, select "No Journal Ent. Required" in the first occount field.) Journal entry worksheet Record the purchase of 5351,300 common stock now held in treasury. fioteri taktridethto before credi. 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 $351,300 of common stock now held in treasury b. Declared cash dividends in the amount of $260,650 c. Paid the dividends in (b) d issued 113.000 new shares of $0.10 par value common shares for $2 per share. e Closed the Dividends account 3. Prepare a statement of stockholders' equity, assuming the following opening balances Net income for the current year was $283,000