The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity a Purchased $351100 of common stock now held in treasury b. Declared cash dividends in the amount of $260.550. c. Paid the dividends in (b). d Issued 111.000 new shares of $0.10 par value common shares for $2 per share. e Closed the Dividends account 2. Prepare journal entries to record each of these events. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 Record the purchase of $351,100 common stock now held in treasury. Note: Enter debits before credits Event General Journal Debit Credit a Record entry Clear entry View general journal