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answer both please Brief Exercise 18-5 (Algo) Retirement of shares...

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Brief Exercise 18-5 (Algo) Retirement of shares [LO18-5] Horton Industries' shareholders' equity included 240 million shares of $1 par common stock and a balance in paid-in capital - excess of par of $1,920 million. Assuming that Horton retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Horton's total paid-in capital decline if it reacquires 4 million shares at $7.50 per share? (Enter your answer in millions (i.e.. 10,000,000 should be entered as 10 ).) In previous years, Cox Transport reacquired 3 million treasury shares at $25 per share and, later, 1 million treasury shares at $29 per share. If Cox now sells 2 million treasury shares at $32 per share and determines cost as the weighted-average cost of treasury shares, by what amount will Cox's paid-in capital - share repurchase increase? (Enter your answer in millions (L.e., 10,000,000 should be entered as 10 )

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