In 2021, Western Transport Company entered into the treasury stock transactions described below. In 2019, Western Transport had issued 200 million shares of its $1 par common stock at $20 per share. 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).)

1. On January 23, 2021, Western Transport reacquired 15 million shares at $23 per share.
2. On September 3, 2021, Western Transport sold 1 million treasury shares at $24 per share.
3. On November 4, 2021, Western Transport sold 1 million treasury shares at $21 per share.

Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 345 January 23, 2021 Treasury stock Cash 345 2 50 X September 03, 20 Cash Treasury stock Paid-in capital - share repurchase 48 X O 2x 3 42 x 2 x November 04, 202 Cash Paid-in capital - share repurchase Retained earnings Treasury stock 2x 46