6.

a.

b.

c.

d.

e.

[The following Information applies to the questions displayed below. The annual report for Mallbu Beachwear reported the following transactions affecting stockholders' equity: a. Purchased $351,600 of common stock now held In treasury b. Declared cash dividends In the amount of $260,800. c. Pald the dividends In (b). d. Issued 116,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the DIvidends account