Madison Shoes manufactures athletic shoes and sports apparel. The following activities occurred during a recent year. The dollar amounts in (a) and (b) are presented "in millions," and the dollar amount in (c) is per share. When reporting amounts "in millions," exclude the 000,000. a. Purchased $220 in equipment; paid by signing a $5 long-term note and fulfilling the rest with cash. b. Issued $21 in additional common stock for cash contributions made by stockholders. c. Several Madison Shoes investors sold their own stock to other investors on the stock exchange for $130 per share of stock. Required: 1. For each of the events above, prepare journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list Journal entry worksheet Several Madison Shoes investors sold their own stock to other investors on the stock exchange for $130 per share of stock. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal