Saved At December 31, 2020, the balance sheet of Meca International included the following shareholders' equity accounts: Shareholders Equity (5 in millions) Comon stock, 65 million shares at $1 par $ 65 Pald-in capital-excess of par 410 Retained earnings sze 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 (ie., 10,000,000 should be entered as 10).) 1. On February 12 2021, Meca reacquired 2 million common shares at $11 per share. 2. On June 9, 2022 Meca reacquired 3 million common shares at $6 per share. 3. On May 25, 2023, Meca sold 3 million treasury shares at $14 per share. Determine cost as the weighted-werage cost of treasury 4. For the previous transaction, assume Meca determines the cost of treasury shares by the FIFO method. shares 1 Record the reacquisition of 2 million common shares at $11 per share. 2. Record the reacquisition of 3 million common shares at $6 per share. 3 Record the sale of 3 million treasury shares at $14 per share-determine cost as the weighted average cost of treasury shares. 4 Record the sale of 3 million treasury shares at $14 per share-determine cost of treasury shares by the FIFO method