Brief Exercise 18-7 (Algo) Treasury stock [LO18-5] The Jennings Group reacquired 4 million of its shares at $84 per share as treasury stock Last year, for the first time. Jennings sold 2 million treasury shares at $85 per share. If Jennings now sells the remaining 2 million treasury shares at $81 per share, by what amount will retained earnings decline? (Enter your answer in millions (i.e.. 10,000,000 should be entered as 10)) Retained earnings will decline by million