At December 31, 2014, Townlynn Corporation reported the stockholders’ equity accounts shown here (with dollar amounts in millions, except per-share amounts).
Common stock $2.00 par value per share,
2,300 million shares issued................ $ 4,600
Paid-in capital in excess of par value..... 4,100
Retained earnings.................................. 1,565
Treasury stock, at cost.......................... (48)
Total stockholders’ equity................. $10,217
Townlynn’s 2015 transactions included
a. Net income, $374 million
b. Issuance of 9 million shares of common stock for $11 per share
c. Purchase of 1 million shares of treasury stock for $12 million
d. Sale of 500,000 of the treasury shares purchased for $7 million
e. Declaration and payment of cash dividends of $23 million

Requirements
1. Journalize Townlynn’s transactions in parts b, c, d, and e. Explanations are not required.
2. What was the overall effect of these transactions (parts a through e) on Townlynn Corporation’s stockholders’ equity?