At December 31, 2017, Blumenthall Corporation reported the shareholders' equity accounts shown here (as adapted, with dollar amounts in millions):

Common shares

1,800 million shares issued.............................................................................. $2,700

Retained earnings............................................................................................... 1,200

Total shareholders' equity.................................................................................... $3,900

Blumenthall's 2017 transactions included the following:

a. Net income, $350 million

b. Issuance of 6 million common shares for $12.50 per share

c. Declaration and payment of cash dividends of $25 million

Journalize Blumenthall's transactions. Explanations are not required.