In 2016, Borland Semiconductors entered into the transactions described below. In 2013, Borland had issued 215 million shares of its $1 par common stock at $47 per share Required Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions: (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) 1. On January 2, 2016, Borland reacquired 11 million shares at $45.00 per share 2. On March 3, 2016, Borland reacquired 11 million shares at $50 per share 3. On August 13, 2016, Borland sold 1 million shares at $55 per share. 4. On December 15, 2016, Borland sold 2 million shares at $50 per share View transaction list View journal entry worksheet 0 Date General Journal Debit Credit January 02 2016 Common stock Paid-in capital-excess of par Paid-in capital-share repurchase Cash 495 2 March 03, 2016 Common stock Paid-in capital-excess of par Paid-in capital-share repurchase Retained earnings Cash August 13 2016 Common stock Paid-in capital-excess of par 54 December 15 2016 4 100 Common stock 2 Paid-in capital-excess of par 98