The shareholders' equity section of the balance sheet of White, Inc. included the following accounts at December 31, 2019: Shareholders Equity $ in millions Common stock, 200,000 shares at $1 par, $ 200,000 Paid-in capital excess of par 1,200,000 Paid-in capital share repurchase 30,000 Retained earnings 205,000 REQUIRED: a. Prepare the entries below for both the purchase and subsequent resale of shares, treated as retired stock. On March 6, 2020, White reacquired 40,000 shares of stock at $9 per share. On September 3, 2020, the corporation sold 10,000 shares at $11 per share. On October 12, 2020, the corporation sold 20,000 shares at $7 per share. b. Prepare the entries for both the purchase and subsequent resale of shares, treated as treasury stock. On March 6, 2020, White reacquired 40,000 shares of stock at $9 per share. On September 3, 2020, the corporation sold 10,000 shares at $11 per share. On October 12, 2020, the corporation sold 20,000 shares at $7 per share.