At December 31, 2016, Sidestep Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts) E(Click the icon to view the data.) Sidestep's 2017 transactions included i (Click the icon to view the transactions.) Requirements 1. Journalize Sidestep'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 Sidestep's stockholders' equity? Requirement 1. Journalize Sidestep'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 first, then credits. Exclude explanations from any journal entries.) Eire: b. Issuance of 6 million shares of common stock for $12.50 per share Journal Entry Date Accounts Debit Credit b. i Data Table in Common stock, $1.00 par value per share, $ 26 million shares issued 26 Paid-in capital in excess of par value 91 Retained earnings 270 (40) Treasury stock, at cost 347 Total stockholders' equity Done Print More Info a. Net income, $446 million b. Issuance of 6 million shares of common stock for $12.50 per share c. Purchase of 11 million shares of treasury stock for $121 million d. Sold 5 million of the treasury shares purchased in part c for $60 million e. Declaration and payment of cash dividends of $36 million Print Done