In previous years, Cox Transport reacquired 3 million treasury shares at $24 per share and, later, 2 million treasury shares at $29 per share. By what amount will Cox's paid-in capital- share repurchase increase if Cox now sells 2 million treasury shares at $30 per share and determines the cost of treasury shares by the FIFO method? (Enter answer in millions (i.e., 10,000,000 should be entered as 10).) Paid-in capital-share repurchase will increase by million During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to shareholders' equity. The articles of incorporation authorized the issue of 8 million common shares, $1 par per share, and 1 million preferred shares, $50 par per share. Feb. 12 Sold 3 million common shares, for $10 per share. 13 Issued 43,000 common shares to attorneys in exchange for legal services. 13 Sold 83,000 of its common shares and 2,000 preferred shares for a total of $950,000. Nov. 15 Issued 360,000 of its common shares in exchange for equipment for which the cash price was known to be $3,748,000. Required: Prepare the appropriate journal entries to record each transaction. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet