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Requirement 1. Journalize Mountain's transactions in b, c. d, and e. Explanations are not required. (Enter amounts in millions as provided to you in the problem statement. Record debits first, then credits. Exclude explanations from any joumal entries.) b. Issuance of 4 milion shares of common stock for $11.00 per share. c. Purchase of 11 million shares of treasury stock for $121 million. Data table c. Purchase of 11 million shares of treasury stock for $121 million. More info a. Net income, $448 million b. Issuance of 4 million shares of common stock for $11.00 per share c. Purchase of 11 million shares of treasury stock for $121 million d. Sold 7 million of the treasury shares purchased in part c for $84 million e. Declaration and payment of cash dividends of $29 million amounts in millions, except per-share amounts). Iit (Click the icon to view the data.) Requirements 1. Journalize Mountain's transactions in p d, and e. Explanations are not required 2. What was the overall effect of these transactions (parts a-e) on Mountain's etnrkhnilitare' aruititn? c. Purchase of 11 million shares of treasury stock for $121 million. d. Sold 7 million of the treasury shares purchased in part c for $84 million d. Sold 7 million of the treasury shares purchased in part c for $84 million e 1. Declaration and payment of cash dividends of $29 million. Joumalize the declaration of the dividend only. You will prepare the joumal entry for the payment of the dividend next. e 2. Declaration and payment of cash dividends of $29 million. Now journalize the payment of the cash dividends. e 2. Declaration and payment of cash dividends of $29 million. Now joumalize the payment of the cash dividends. Requirement 2. What was the overall effect of these transactions (parts a through e) on Mountain's stockhoiders' equity? (Enter a net decrease with a minus sign or parentheses.) The overall net increase (decrease) on stockholders' equily, in millions, is