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 $350,000 of common stock now held in treasury b Declared cash dividends in the amount of $260,000. c. Paid the dividends in (b). dIssued 100,000 new shares of $0.10 par value common shares for $2 per share. e Closed the Dividends account Required: 1. Indicate the effect it for increase. - for decrease for increase decrease) of each of these transactions on total assets. labies and stockholders' equity (Leave cell blank if there is no effect) Required: 1. 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.) Assets Liabilities Stockholders Equity a b. C d