A1 Docember 31, 2021, Aflantic Corponation reported the stockholders' equity accounts shown here (with dollar amounts in milions, except pet-share ameunts). [1.7 (Click the leon to view the data) Atlantic's 2022 transactions included (i) (Click tho ioon to viow the transactions:) Requirements 1. Joumalize Atlantic's transactions in parts b, c, d, and e. Explanations are of required. 2. What was the overall efloct of these transactions (parts a-0) on Atlantic's sirvitubitare' ervitu? Requirement 1. Journalize ASantic's transactions in b, c, d, and e. Explanations are not required. (Enter amounts in millions as provided to you in the problem statement. Record debits fir crods. Exclude oxplanations from any journal entries? b. issuance of 4 milion shares of commot stock for $14.00 per share Joumai Entry Calculator data) 1) (Click the icon to view the transactions.) More info ints 1. Joumalize Atlantic's transactions in parts b, c, d, and e. Explanations are not required. 2. What was the overall effect of these transactions (parts a-e) on Atlantic's More info a. Net income, $440 million as provided to you in the problem statement. Record debits first then b. Issuance of 4 million shares of common stock for $14,00 per share c. Purchase of 5 million shares of treasury stock for $60 million d. Sold 2 miltion of the treasury shares purchased in part c for $28 million e. Declaration and payment of cash dividends of $32 million vided to you