The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity; a. Purchased $351, 200 of common stock now held in treasury. b. Declared cash dividends in the amount of $260, 600. c. Paid the dividends in (b). d. 1ssued 112,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account. Prepare journal entries to record each of these events. (If no entry is required for a transaction/e select event, "No Journal Entry Required" in the first account field.)