Save Homework: HW Mod 5 Ch 10 Score: 0 of 1 pt E10-47 (book/static) 2 of 3 (0 complete) HW Score: 0%, 0 of 3 pts Question Help Indicate the effect (+,-. or 0) on total stockholders' equity of McKenzie Services Corporation for each of the following: Effect on total stockholders' equity (+,-, or 0) Transaction 1. Declaration and issuance of a stock dividend on common stock 2. Sale of 100 shares of McKenzie Services by Jay Smith to Ray Faulay 3. Net earnings for the period of $600,000 4. Issuance of a stock dividend on common stock 5. Falling to declare a regular dividend on cumulative preferred stock 6. Declaration of a cash dividend of $50,000 in total 7. Payment of item 6 B. Purchase of 10 shares of treasury stock for $1,200 cash 9. Sale of treasury stock, purchased in item 8 for $1,400 10. Sale of treasury stock, purchased in item 8, for $1,000 Choose from any drop-down list and then click Check