Chapter 10, Problem 10.28AE

(Learning Objective 3: Account for the purchase and sale of treasury stock) Wishtown Marketing Corporation reported the following stockholders' equity at December 31 (adapted and in millions):

Common stock	$ 281
Additional paid-in capital	245
Retained earnings	2,199
Treasury stock	(691)
Total stockholders’ equity	$ 2,034

During the next year, Wishtown purchased treasury stock at a cost of $28 million and resold treasury stock for $14 million (this treasury stock had cost the company $5 million). Record the purchase and resale of Wishtown’s treasury stock. Overall, how much did stockholders' equity increase or decrease from the two transactions?