Genius Marketing Corporation reported the following shareholders' equity at December 31 (adapted and in millions): (Click the icon to view the data.) During the next year, Genius Marketing purchased treasury shares at a cost of $28 million and resold treasury shares for $11 million (this treasury share had cost Genius Marketing $3 million). Record the purchase and resale of Genius Marketing's treasury shares. Overall, how much did shareholders' equity increase or decrease as a result of the two treasury share transactions? First, record the purchase of the treasury shares. Journal Entry Accounts Debit Credit Millions Next, record the resale of the treasury shares. Journal Entry Accounts Debit Credit Millions Overall, how much did shareholders' equity increase or decrease as a result of the two treasury share transactions? Overall, shareholders' equity by $ million. Dell Data table 225 Ordinary share. Additional paid-in capital. Retained earnings.. 276 2,179 (621) Treasury share. $ 2,059 Total shareholders' equity. Dell Print Done