At December 31, 2018, Southern Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). B (Click the icon to view the data.) Southern's 2019 transactions included (Click the icon to view the transactions.) Requirements 1. Journalize Southerri'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 Southern's stockholders' equity? Requirement 1. Journalize Southern'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.) b. Issuance of 8 million shares of common stock for $13.00 per share. Date i Data Table A More Info b 120 Common stock, $4.00 par value per share, 30 million shares issued Pald-in capital in excess of par value Retained earnings a. Net Income, $450 million b. Issuance of 8 million shares of common stock for $13.00 per share c. Purchase of 7 million shares of treasury stock for S77 million d. Sold 6 million of the treasury shares purchased in partc for $78 million e. Declaration and payment of cash dividends of $33 million 15 260 (100) Treasury stock, at cost Total stockholders' equity 295 Print Done Print Done