Royal Hill Companies provided the following information regarding its stockholders' equity section of the balance sheet for the 3-year period ending December 31, 2018.

Required

Prepare the summary journal entries for 2017 and 2018 to reflect the changes in the shareholders' equity accounts included in the statement provided above. Royal Hill did not pay any dividends in these years and made no prior-period adjustments. Assume that the treasury stock transactions did not affect retained earnings.

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Stockholders' equity: (In milkions, except for share amounts) Common Stock no parvalue Addt anal Pad-n Cap ta from Treasury Stock Transact ons Retained Eamings Accumu ated Other Comprehens ve Income (Loss) – Unrealized Debt Inves iment Gain (Loss) TreasuryStock, at Cost; 56,071,000 and 32,835,000 shares, in 2018 2017 2016 $ 229 20 $ 229 20 99.24 1,809.72 (0 36 $ 229.20 119.09 99.24 2,089 68 2,217 50 (0 24) (1.71792) (1,031.28) (1,23797) 2018 and 2017 respectivey Total Stockho ders Equity $ 699.96 $1,106.52 $1,32782