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A Decembes 31, 2016, Northem Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts) Northem's 2017 ansacions incduded

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A Decembes 31, 2016, Northem Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts) Northem's 2017 ansacions incduded (Click the lcon to view the tansactions ) EEB (Click the icon to view the data ) . Journalize Nothern's transactions in parts b,c, d, and e Explanatons ace nol required 2. What was the overalil eflect of these ransactionrs (parts a-ej on Narthei's lockblders eqity? Requirement 1. Jourmalize Northeen's tranData Table from any journal entries b. Issuance of 4 million shares of common Common slock, $4.00 par value per share, 20 milion shares issued Paid in capital in excess of par vakue Retained eanings Treasury stock, at cost 80 10 280 a. Net income, $444 milion b. Ieouance of 4 milion shares ol common stock for $13 50 pe share c. Purchase of 7 million shares of treasary stock for $77 mon d. Sold 4 millon of the reanury shares purchased in part c for $ Date b. . e. Declaraton and payment of cash dvidende of per 270 Total stockholders' eqaity Print Done Choose from any list or enter any numbe Print Done Check

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