Alex's Interiors, Inc., is an international manufacturer and retailer of home furnishings. The following is from Alex's balance sheet as of September 30, 2020 (dollars are in millions). Assume that the following events occurred in the quarter ended December 31 (amounts provided are in whole dollars): a. Paid $4,500,000 cash for an additional other asset. b. Issued additional shares for $4,500,000 in cash. c. Purchased property, plant, and equipment; paid $4,500,000 in cash and signed a note to pay the remaining $14,000,000 in two years. d. Sold, at cost, other assets for $1,250,000 cash. e. Conducted negotiations to purchase a sawmill, which is expected to cost $41,000,000. 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.) . Record the transaction effects determined in requirement 1 using journal entries. (If no entry is required for a transaction/event, elect "No journal entry required" in the first account field. Enter your answers in millions, rounded to two decimal places.) Journal entry worksheet Paid $4,500,000 cash for an additional "other asset". Note: Enter debits before credits. !0 ending balances as the inded to two decimal places.) 5. Prepare a classified balance sheet at December 31, 2020. (Enter your answers in millions, rounded to two decimal places.) 6. As of December 31, 2020, has the financing for Alex's Interiors' investment in assets primarily come from liabilities or from shareholders' equity? Shareholders' equity Liabilities