The December $31,2024,$ balance sheet of Garcia Company included the following:

Common stock, $19\mathrm{.}8$ million shares outstanding at $\backslash (\backslash$$ $1\backslash )$ par

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

$\backslash$$ $19,800,000$

Retained earnings

Garcla completed the following transactions in $2024$ relating to treasury stock:

March $17$:

Reacquired $4\mathrm{.}80$ million shares at $\backslash (\backslash$$ $9\mathrm{.}80\backslash ).$

May $17$: Reacquired $2\mathrm{.}80$ mill ion shares at $\backslash (\backslash$$ $8\mathrm{.}90\backslash ).$

August $10$: Sold $5\mathrm{.}80$ million shares at $\backslash (\backslash$$ $11\mathrm{.}90\backslash ).$

Required:

Assuming Garcla uses the cost method, prepare journal entries to record the foregoing transactions on a FIFO basis.

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 rounded to $3$ decimal places $($l$.$e$.,\backslash (\backslash$mathbf$\{5,555,000\}\backslash )$ should be entered as $5\mathrm{.}555).$

Journal entry worksheet $1$

$2$

$3$

Reacquired $4\mathrm{.}8$ million shares at $\backslash (\backslash$$ $9\mathrm{.}80\backslash ).$

Note: Enter debits before credits.