The annual report for Malibu Beachwear reported the following transations affecting stockholders' equity 3 of 3 a Purchased $350,400 of common stock now held in treasury b Declared cash dividends in the amount of $260,200 C. Paid the dividends in (b) d Issued 104,000 new shares of $0.10 par value common shares for $2 per share. e Closed the Dividends account 3. Prepare a statement of stockholders' equity, assuming the following opening balances Paid In Capital Earmings Beginning 12,700 S 192000 150,400 Net Incone ?