The shareholders' equity section of the balance sheet of Acme Corporation included the following accounts at December 31, 2023:shareholders Equity $ in millions Common stock, 19 million shares at 1$ par 19 Paid in capital excess of par 418 Paid in capital share repurchase 2.5 Retained Earnings 496 Required Using transactions 1-3 below, prepare the entries for both the purchase and subsequent resale of shares, treated as retired stock. Using transactions 1-3 below, prepare the entries for both the purchase and subsequent resale of shares, treated as treasury stock. On February 19, 2023, Acme Corp. reacquired 3 million shares of stock at $24 per share. On August 23, 2023, the corporation sold 1 million shares at $26 per share. On October 31, 2023, the corporation sold 2 million shares at $21 per share