Nike, Incorporated, with headquarters in Beaverton, Oregon, is one of the world's leading manufacturers of athletic shoes and sports apparel. The following activities occurred during a recent year. The amounts are rounded to millions, except for par value. a. Purchased additional buildings for $168 and equipment for $260, paid $408 in cash and signed a long-term note for the rest. b. Issued 20 shares of $1 par value common stock for $855 cash. c. Declared $130 in dividends to be paid in the following year. d. Purchased additional short-term investments for $7,616 cash. e. Several Nike investors sold their own stock to other investors on the stock exchange for $92. t Sold $4,213 in short-term investments for $4,213 in cash. g. Borrowed $6,044 from a bank; signed a note due in 20 years. h. Repurchased its common stock for $3,017 in cash. Required: Prepare journal entries for the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, (for example, 5.5 million should be entered as 5.5 rather than 5,500,000). View transaction list View journal entry worksheet No 1 Transaction Cash General Journal Debit Credit 408