Required information [The following information applies to the questions displayed below.] Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2024,370 shares of preferred stock and 4,700 shares of common stock have been issued. The following transactions affect stockholders' equity during 2024 : March 1 Issue 1,800 shares of common stock for $49 per share. May 15 Purchase 470 shares of treasury stock for $42 per share. July 10 Resell 270 shares of treasury stock purchased on May 15 for $47 per share. October 15 Issue 270 shares of preferred stock for $52 per share. December 1 Declare a cash dividend on both common and preferred stock of $1.20 per share to all stockholders of record on December 15. (Hint: Dividends are not paid on treasury stock.) December 31 Pay the cash dividends declared on December 1 . Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Preferred Stock, $370; Common Stock, $47; Additional Paid-in Capital, $79,500; and Retained Earnings, $31,900. Net income for the year ended December 31,2024 , is $12,200. Select whether each of the following transactions increases (+) or decreases () total assets, total liabilities, and total stockholders' quity. (If none of the categories apply for a particular item, leave the cell blank.)