Save Help Save & Exit Sub The December 31, 2021, balance sheet of Springer Company included the following Connon stock, 20.9 million shares outstanding at $1 par Paid-in capital-excess of par Retained earnings $ 20,900,000 104,500,000 124,000,000 Springer completed the following transactions in 2021 relating to treasury stock: March 17: Reacquired 5.90 million shares at $18.98. May 17: Reacquired 3.90 million shares at $9.45. August 10: Sold 6.98 million shares at $12.45. Required: Assuming Springer uses the cost method, prepare journal entries to record the foregoing transactions on a FIFO basis. (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 fi.e., 5,555,000 should be entered as 5.555):) View transactionist Journal entry worksheet Reacquired 3.9 million shares at $9.45. Note: Enter debits before credits. Date General Journal Debit Credit May 17, 2021 Record entry Clear entry View general journal Journal entry worksheet ? Sold 6.9 million shares at $12.45. Note: Enter debits before credits. Date General Journal Debit Credit August 10, 2021 Record entry Clear entry View general journal Drav AF ?? IR