In 2011 Borland Semiconductors entered into the transactions described below. In

In 2011 Borland Semiconductors
entered into the transactions described below. In 2008 Borland had
issued 170 million shares of its $1 par common stock at $34 per share.Required:Assuming that Borland retires shares it reacquires record the appropriate journal entry for each of the following transactions:1. On January 2 2011 Borland reacquired 10 million shares at $32.50 per share.2. On March 3 2011 Borland reacquired 10 million shares at $36 per share.3. On August 13 2011 Borland sold 1 million shares at $42 per share.4. On December 15 2011 Borland sold 2 million shares at $36 per share.