Required information [The following information applies to the questions displayed below.] The Riesen Publishers (TRP) is a publisher of magazines. Its accounting policy for subscriptions follows: Revenues Revenues from our magazine subscription services are deferred initially and later recognized as revenue as subscription services are provided. Assume TRP (a) collected $550 million in 2021 for magazines that will be distributed later in 2021 and 2022, (b) provided $269 million of services on these subscriptions in 2021, and (c) provided $281 million of services on these subscriptions in 2022. Required: 1. Using the information given, indicate the accounts, amounts, and accounting equation effects of transactions (a), (b), and (c). (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.) Transaction (a) Cash (b) (c) Assets Liabilities Stockholders' Equity 550,000,000 Dividend Revenue = Dividend Revenue 550,000,000 (275,000,000) +Retained Earnings 275,000,000