Cal Cookie Company(CCC)has 100 million shares of $1 par common stock authorized.The transactions below caused changes in CCC's outstanding shares. January4,2009:Repurchased and retired 1 million shares at $8 per share. June25,2009:Repurchased and retired 2 million shares at $2 per share. Prior to the transactions,CCC's shareholders' equity included the following: Common stock,80 million shares at $1 par $80,000,000 Paid-in capital excess of par 160,000,000 Retained earnings 120,000,000 Required: Record entries for the above transactions