At December 31, 2021, Sidestep Corporation reported the stockholders' equity accounts shown here (with dollar amounts in millions, except per-share amounts). Click the icon to view the data.) Sidestep's 2022 transactions included (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.) b. Issuance of 18 million shares of common stock for $13.00 per share. Journal Entry Accounts Date Debit Credit b. $ 27 95 Common stock, $1.00 par value per share, 27 million shares issued Paid-in capital in excess of par value Retained earnings Treasury stock, at cost 290 (110) $ 302 Total stockholders' equity a. Net income, $446 million b. Issuance of 18 million shares of common stock for $13.00 per share c. Purchase of 10 million shares of treasury stock for $120 million d. Sold 5 million of the treasury shares purchased in partc for $75 million e. Declaration and payment of cash dividends of $34 million