Nike, Inc., 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 of dollars.

a. Purchased $216.3 in property, plant, and equipment; paid by signing a $5 long-term note and the rest in cash.

b. Issued $21.1 in additional stock for cash.

c. Declared $100 in dividends; paid $78.8 during the year and owed the rest to be paid in the following year.

d. Several Nike investors sold their own stock to other investors on the stock exchange for $21.

e. Sold $ 1 .4 in investments in other companies for $ 1 .4 cash.

Required: 1. For each of these events, perform transaction analysis and indicate the account, amount, and direction of the effect on the accounting equation. Check that the accounting equation remains in balance after each transaction. Use the following headings:

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Event Assets Liabilities Stockholders' Equity