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: purchased $350,800 of common stock now held in treasury. declared cash dividends in the amount of $260,400. paid the dividends in (b). issued 108,000 new shares of $0.10 par value common shares for $2 per share. closed the dividends account. e11-9 part 3 prepare a statement of stockholders’ equity, assuming the following opening balances. explanation