Required information [The following information applies to the questions displayed below.] 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): equired: Prepare the journal entry to record the repurchase of common stock in 3 lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers millions (i.e., 5,000,000 should be entered as 5 ). Journal entry worksheet Record the purchase of treasury stock in Year 3. Note: Enter debits before credits. 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. 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., 5,000,000 should be entered as 5). Journal entry worksheet Note: Enter debits before credits