At December 31, 2014, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar amounts in millions):
Common shares
1,800 million shares issued .................................................................. $2,700
Retained earnings .................................................................................. 1,200
Total shareholders' equity ................................................................... $3,900
Blumenthall's 2014 transactions included the following:
a. Net income, $350 million
b. Issuance of 6 million common shares for $12.50 per share
c. Declaration and payment of cash dividends of $25 million
Journalize Blumenthall's transactions. Explanations are not required.