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Frawley Marketing Corporation reported the following stockholders' equity at December 31 (adapted and in millions): (Click the icon to view the data.) During the next

image text in transcribed Frawley Marketing Corporation reported the following stockholders' equity at December 31 (adapted and in millions): (Click the icon to view the data.) During the next year, Frawley purchased treasury stock at a cost of $28 million and resold treasury stock for $10 million (this treasury stock had cost the company $3 million). Read the requirements. Requirement 1. Record the purchase and resale of Frawley's treasury stock. (Record debits first, then credits. Exclude explanations from any journal entries. Enter amounts in First, record the purchase of the treasury stock. Data table Next, record the resale of the treasury stock. Requirement 2. Overall, how much did stockholders' equity increase or decrease from the two transactions? (Enter a decrease with a minus sign or parentheses.) The increase (decrease) in overall stockholders' equity, in millions, is

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