Papa John’s International began in the back of a tavern in Jeffersonville, Indiana, and has since become the third-largest pizza company in America. Listed here are transactions that typically occur each year (in millions). Complete the following table, indicating the sign ( for increase, for decrease, and NE for no effect) and amount of the effect of each transaction. Provide an account name for any revenue or expense transactions included in stockholders’ equity. Consider each item independently. a. Repaid bank loan payable of $7. (Interest was paid separately.)b. Paid cash to purchase property and equipment costing $6.c. Purchased additional property and equipment costing $2 by issuing a note payable.d. Recorded franchise royalty revenues on account of $20.Transaction Assets = Liabilities + Stockholders’ Equity A B C D