L011-3, 11-9 Apple designs, manufactures, and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Apple employs over 135,000 people in the United States. A recent statement of cash flows contained the following information (in millions): Required: 1. Prepare the journal entry to record the repurchase of common stock in Year 3. 2. Assume that Apple resold some of the treasury stock. The shares were originally purchased for $9 million and were resold for $10 million. Prepare the journal entry to record the sale of the treasury shares