Storage Products purchased 11,000 shares of its own $0.75 par value common stock at a cost of $8 per share on April 30, 2022. The stock was originally issued at $7 per share. Which of the following is part of the journal entry to record the purchase? Credit Common Stock for $88,000 Credit Common Stock for $8,250 Debit Treasury Stock for $8,250 Debit Treasury Stock for $88,000 What is the effect on total stockholders' equity of a stock dividend and a stock split, respectively