In 2020, Olsson Corporation had issued 150 million shares of its $1 par common stock at $14 per share. In 2021, Olsson entered into the treasury stock transactions described below.

Required:Prepare 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).)

On January 23, 2021, Olsson reacquired 10 million shares at $17 per share.

On September 3, 2021, Olsson sold 4 million treasury shares at $18 per share.On November 4, 2021, Olsson sold 4 million treasury shares at $15 per share.