In 2024, Borland Semiconductors entered into the transactions described below. In 2021, Borland had issued 175 million shares of its $1 par common stock at $30 per share.

Required:

Assuming that Borland retires shares it reacquires, record the appropriate journal entry for each of the following transactions:

Note: 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 2, 2024, Borland reacquired 9 million shares at $28.00 per share.

On March 3, 2024, Borland reacquired 9 million shares at $33 per share.

On August 13, 2024, Borland sold 1 million shares at $38 per share.

On December 15, 2024, Borland sold 2 million shares at $33 per share.