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 $351,800 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,900. c Paid the dividends in (b). d. Issued 118,000 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. 0 Additional Retained Treasury Common Stock Pald-in Capital Earnings Stock Beginning $ 13,400 S 199,000 $ 151,800 $ Stock Issuancos Net Income 288,000 Dividends: Common Ending