reformulations with explanations and thought processes please

E9.3. A Simple Reformulation of the Equity Statement (Easy) From the following information, prepare a reformulated statement of common sharehold- ers' equity for 2012. Amounts are in millions Balance, December 31, 2011 Net income Foreign currency translation loss Unrealized gain on debt securities held Issue of shares Common dividends Preferred dividends Balance, December 31, 2012 $1,206 241 (11) 24 45 (94) (15) $1,396 The beginning and end-of-year balances include $200 million of preferred stock. E9.6. Reformulating an Equity Statement with Employee Stock Options (Medium) Reformulate the following statement of shareholder's equity. The firm's tax rate is 35 percent. Balance, end of fiscal year 2011 Share issues from exercised employee stock options Repurchase of 24 million shares Cash dividend Tax benefit from exercise of employee stock options Unrealized gain on debt investments Net income Balance, end of fiscal year 2012 $1,430 810 (720) (180) 12 50 468 $1,870