Required information [The following information applies to the questions displayed below.) Mango designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. Mango employs over 92,000 people in the United States. A recent statement of cash flows contained the following information (in millions): Year 3 Year 2 Year 1 Cash flows from financing activities: Repurchases of common stock (117.5) (401.0) 0 Required: 1. Prepare the journal entry to record the purchase of treasury stock in Year 3. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet Record the purchase of treasury stock in Year 3. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Required information [The following information applies to the questions displayed below.) Mango designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players. Mango employs over 92,000 people in the United States. A recent statement of cash flows contained the following information (in millions): Cash flows from financing activities: Repurchases of common stock Year 3 (117.5) Year 2 Year 1 (401.0) 0 2. Assume that Apple resold some of the treasury stock. The shares were originally purchased for $9.2 million and were resold for $10.4 million. Prepare the journal entry to record the sale of the treasury shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) View transaction list Journal entry worksheet Record the sale of treasury stock. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal