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At December 31, 2021, Atiantic Corporabion reported the stockholders' oquily accounts shown here (with dollar amounts in milions, except per-share immounts). (Click the icon to
At December 31, 2021, Atiantic Corporabion reported the stockholders' oquily accounts shown here (with dollar amounts in milions, except per-share immounts). (Click the icon to view the datai) Allantic's 2022 transactions and equity related journal entrios were recorded as follows: (Click the icon to vlew the transactions.) (Cick the icon to view the equily related joumal entrios) Read the tequirement Requilrement 1. Prepare the sockholders' equity section of the company's balance sheot at Decembor 31, 2022. (Enter the accounts in the proper order for the stockholders' equity section of the baiance shent. Use parentheses or a minus eign for numbers to be stuberacted. For purposes af this exereise. ignore the outstanding shares in the statement of stockholders' equity. Enter amounts in millions, except for par value, as provided to you in the problem otatement.) Balance Sheot (Partiai) Data table a. Net income, $440 million 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 million of the treasury shares purchased in part c for $28 million e. Declaration and payment of cash dividends of $32 million Reference Reference Requirement 1. Prepare the stockholders' equity section of the company's balance sheet at December 31, 2022. Balance Sheet (Partial) (Mimons) Stockholders' Equity: 5par,millionshares Total paid-in capital Total stockholders' oquity
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