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 $350,900 of common stock now held in treasury b. Declared cash dividends in the amount of $260.450. c Paid the dividends in (b). d. Issued 109,000 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. Common Stock Additional Paid common OR in Capital $ 12,950 $ 194,500 Retained Earnings $ 150,900 Treasury Stock $ Beginning Stock Issuances Net Income Dividends: Common Ending 279,000 12,950 $ 194,500 $ 429,900 $