[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): Cash flows from financing activities: Repurchases of common stock Year 3 Year 2 Year 1 (66,897) (72,738) (32,900) Required: 1. Prepare the journal entry to record the repurchase of common stock in Year 3 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). View transaction list Journal entry worksheet Record the purchase of treasury stock in Year 3. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit