Please ensure you do all 4 Required Thank You.

At December 31, 2020, the balance sheet of Meca International included the following shareholders' equity accounts: Shareholders' Equity ($ in millions) Common stock, 75 million shares at $1 par $ 75 Paid-in capital-excess of par Retained earnings 330 440 Required: Assuming that Meca International views its share buybacks as treasury stock, record 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 February 12, 2021, Meca reacquired 2 million common shares at $14 per share. 2. On June 9, 2022, Meca reacquired 3 million common shares at $9 per share. 3. On May 25, 2023, Meca sold 3 million treasury shares at $16 per share. Determine cost as the weighted-average cost of treasury shares 4. For the previous transaction, assume Meca determines the cost of treasury shares by the FIFO method. View transaction list Journal entry worksheet