Sony Owners' Equity Sony Corporation is a prominent Japanese electronics company. The following numbers are all expressed in millions of yen (). Net income for 2002 was 15,310 and Sony paid cash dividends 22,992. During the year, Sony had favorable changes to comprehensive income of 52,974 in addition to net income. Sony issued a new tracking stock for 49,529 that included a 5,612 credit to Additional paid-in capital. Sony paid 468 to purchase treasury stock and reissued some treasury shares with an original cost of 373 for 395. In addition to the transaction specified previously, various other trans- actions gave rise to the following journal entry: Common stock Additional paid-in capital Retrained earnings Cash, convertible debt, etc The stockholders' equity at the beginning of the year was: Common stock, par value Y50 per share 187 188 166 541 472,002 Additional paid-in capital 962,401 Retained earnings Treasury stock (at cost) 1,217,110 Accumulated other comprehensive income (328,567) (7,493) Total stockholders' equity 2,315,453 1. Prepare journal entries for

(a) the newly issued tracking shares and

(b) the purchase and sale of treasury shares. Omit explanations. 2. Prepare a statement of stockholders' equity at the end of the year.