Blumenthall's 2022 transactions included (Click the icon to view the transactions) At December 31, 2021, Blumenthall Corporation reported the stockholders equity accounts shown here (with dollar amounts in millions, except per-share amounts). E: (Click the icon to view the data.) ng Requirements 1. Journalize Blumenthall'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 Blumenthall's stockholders equity? Requirement 1. Journalize Blumenthall'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 16 million shares of common stock for $14.00 per share. Journal Entry Date Accounts Debit Credit b. Cash Common Stock Paid-in Capital in Excess of Par-Common In c. Purchase of 5 million shares of treasury stock for $55 million. Journal Entry Date Credit Accounts Debit CI C. Treasury Stock Trach WIU - X Data table $ 30 Common stock, $1.00 par value per share, 30 million shares issued Paid-in capital in excess of par value Retained earnings 105 2255 Treasury stock, at cost (90) 300 Total stockholders' equity Print Done More info IN - x a. Net income. $447 million b. Issuance of 16 million shares of common stock for $14.00 per share c. Purchase of 5 million shares of treasury stock for $55 million d. Sold 3 million of the treasury shares purchased in part c for $36 million e. Declaration and payment of cash dividends of $30 million Print Done Requirement 2. What was the overall effect of these transactions (parts a through e) on Blumenthall's stockholders' equity? (Enter a net decrease with a minus sign or parentheses.) The overall net increase (decrease) on stockholders equity, in millions, is