At December $31,2023,$ the balance sheet of Meca International included the following shareholders' equity accounts:

Shareholders$$ Equity $($$ in millions$)$

Common stock, $60$ million shares at $$1$ par $ $60$

Paid$-$in capital$$excess of par $300$

Retained earnings $410$

Required:

Assuming that Meca International views its share buybacks as treasury stock, record the appropriate journal entry for each of the following transactions:

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$.,10,000,000$ should be entered as $10).$

On February $12,2024,$ Meca reacquired $1$ million common shares at $$13$ per share.

On June $9,2025,$ Meca reacquired $2$ million common shares at $$10$ per share.

On May $25,2026,$ Meca sold $2$ million treasury shares at $$15$ per share. Determine cost as the weighted$-$average cost of treasury shares.

For the previous transaction, assume Meca determines the cost of treasury shares by the FIFO method.