Answer:
The solution to the given problem is provided below.
Explanation:
Cash (1 million shares x 29) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 29 mil Â
Paid- in capital – share repurchase (difference )               7  mil
Treasury stock (1 million shares x 22 ) Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 22 Â mil