The document provides information about stockholder's equity transactions for Mom's Magnificent Aprons (MMA) during 2023, including: (1) issuing 500,000 shares of common stock for $16 per share, (2) purchasing an additional 10,000 shares of treasury stock for $140,000, (3) reissuing 15,000 shares of treasury stock for an average of $17 per share, and (4) declaring and paying a $1 per share cash dividend. It also asks to prepare journal entries for each transaction, calculate the maximum cash dividend that could have been paid, explain why paying that dividend would have been inadvisable, and prepare the stockholder's equity section