13 Alexandray's Interiors, Inc., is a leading international manufacturer and retailer of home furnishings. The following is adapted from Alexander's balance sheet as of September 30, 2017. (Dollars are in millions.) 50 points Cash Accounts Receivable Inventories $98.00 21.00 215.00 Accounts Payable $35.00 Wages and Other Expenses Payable. Long-Term Debt 138.00 230.00 Other Current Assets 35.00 Other Long-Term Liabilities 53.00 Property, Plant, and Equipment 391.00 Contributed Capital 392.00 Other Assets 117.00 Retained Earnings 29.00 010139 Skipped Assume that the following events occurred in the quarter ended December 31 (amounts provided are in whole dollars): a. Paid $6,500,000 cash for an additional "other asset" b. Issued additional shares for $6,500,000 in cash. c. Purchased property, plant, and equipment; paid $6,500,000 in cash and signed a note to pay the remaining $18,000,000 in two years. d. Sold, at cost, other assets for $1,450,000 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $45,000,000. Required: 1. Analyze transactions (a) through (e) to determine their effects on the accounting equation. (Enter any decreases to account balances with a minus sign. Enter your answers in millions, rounded to two decimal places.) Transaction b. c. d. Assets Liabilities Shareholders' Equity 2. Record the transaction effects determined in requirement 1 using journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, rounded to two decimal places.) View transaction list Journal entry worksheet 1 2 3 4 5 Paid $6,500,000 cash for an additional "other asset". Notes deb belu odas Transaction General Journal Debit Credit Record entry Clear entry View general journal