Required information E11-9 Recording and Reporting Stockholders' Equity Transactions, Including Closing Entry [LO 11-2, LO 11-3] The following information applies to the questions displayed below.] The annual report for Malibu Beachwear reported the following transactions affecting stockholders' equity: a. Purchased $350,000 of common stock now held in treasury. b. Declared cash dividends in the amount of $260,000. c. Paid the dividends in (b) d. Issued 100,000 new shares of $0.10 par value common shares for $2 per share. e. Closed the Dividends account E11-9 Part 3 3. Prepare a statement of stockholders' equity, assuming the following opening balances. Additional Common Stock Paid-In Capital Treasury Stock 12,500 $ 190,000 $ 150,000 s Retained Earnings Beginning Stock Issuances Net Income 270,000 Dividends: Common