At December 31, 2021, Blumenthal Corporation reported the stockholders equity accounts shown here (with dollar amounts in millions, except per-share (Click the icon to view the data) Blumenthalts 2002 transactions included Click the loon to view the transactions.) Requirements 1. Joumalize Blumenthat's transactions in parts b, c, d, and e. Explanations are not required 2. What was the overal effect of these transactions (parts a-e) on Blumenthal's stockholders' equity? Requirement 1. Journalize Blumenthat'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 oume anties) b. Issuance of & million shanse of common stock for $11.50 per share - x Date b. Journal Entry Accounts e. Purchase of 10 milion shares of treasury stock for $140 million Date Journal Entry Accounts Data table Debit Credit Common stock, $1.00 per value per share, 26 million shares Paid-in capital in excess of por value Retained earnings Treasury stock, at cost Total stockholders' equity Debit Credit More info d. Sold 1 million of the treasury shares purchased in part for $15 million Date d. Journal Entry Accounts Debit Credit a Net income, $442 milion b. Issuance of 8 million shares of common stock for $11.50 per share c. Purchase of 10 million shares of treasury stock for $140 million d. Sold 1 million of the treasury shares purchased in parte for $15 million Declaration and payment of cash dividends of $34 milion 275 (130) 282 - X d. Sold 1 million of the treasury shares purchased in part c for $15 million Journal Entry Date d. Accounts Debit Credit Data table Common stock, $1.00 par value per share, 26 million shares issued 26 1. Declaration and payment of cash dividends of $34 million Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the d Paid-in capital in excess of par value Treasury stock, at cost Total stockholders' equity 91 275 Retained earnings (110) 282 Date 1. Journal Entry Accounts 2. Declaration and payment of cash dividends of $34 million Now journalize the payment of the cash dividends. Journal Entry Debit Credit More info a. Net income, $442 mon b. Issuance of 8 million shares of common stock for $11.50 per share 6. Purchase of 10 million shares of treasury stock for $140 milion d. Sold 1 million of the treasury shares purchased in parte for $15 milion Declaration and payment of cash dividends of $34 milion Print Done - X nina 0-50.00 e 1. Declaration and payment of cash dividends of $34 million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the di Date e 1. Journal Entry Accounts e 2. Declaration and payment of cash dividends of $34 million. Now journalize the payment of the cash dividends. Date e 2. Debit Credit Journal Entry Accounts Debit Credit Requirement 2. What was the overall effect of these transactions (parts a through e) on Blumenthall's sto The overall net increase (decrease) on stockholders' equity, in millions, is