At December 31, 2021, Northeast Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). (Click the icon to view the data.) Northeast's 2022 transactions included Click the loon to view the transactions.) Requirements 1. Joumalize Northeast'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 Northeast's stockholders' equity? Requirement 1. Journalize Northeast's transactions in b, c, d, and e. Explanations are not required. (Enter amounts in milions as provided to you in the problem statement. Record debits first, then credits Exclude explanations from any journal entries.) b. Issuance of 12 million shares of common stock for $13.50 per share. Date b. Journal Entry Accounts Debit Credit malize anation More info a. Net income, $447 million lion sh b. Issuance of 12 million shares of common stock for $13.50 per share c. Purchase of 3 million shares of treasury stock for $33 million d. Sold 1 million of the treasury shares purchased in part c for $15 million e. Declaration and payment of cash dividends of $30 million Print Done vardit tffect o stockholders' equity? - X ons as provided to 2. What was the overall effect of these tra (V? - X Data table provided to you in th 1. Jou e exp Common stock, $2.00 par value per share, 30 million shares issued 60 12 m 75 Paid-in capital in excess of par value Retained earnings Treasury stock, at cost Total stockholders' equity 250 (90) 295 Print Done