Need help on E10-22A and E10-23A

(Learning Objectives 2, 3, 4: Account for issuance of stock; show how treasury stock affects a company; account for dividends) Al December 31, 2014, Harelik Corporation reported the stockholders*equity accounts shown here (with dollar amounts in millions, except per-share amounts). Common stock $1.50 par value per share, 2,400 million shares issued $ 3,600 Paid-in capital in excess of par value 7,200 Retained earnings 1,490 Treasury stock, at cost (85) Total stockholders' equity $12,205 Hareliks 2015 transactions included Net income, $ 380 million Issuance of 18 million shares of common stock for $12.00 per share Purchase ot 8 million shares of treasury stock for $120 million Sold 5 million of the treasury shares purchased in part c for $80 million Declaration and payment of cash dividends of $24 million Requirements Journalize Hareliks transactions in parts b, c, d, and c. Explanations arc not required. What was the overall effect of these transactions (parts a through e) on Hareliks stockholders' equity? (Learning Objective 6: Report stockholders' equity after a sequence of transactions) Use the Harelik Corporation data in E10-22A to prepare the stockholders'equity section of company's balance sheet at December 31,2015