Cal Cookie Company (CCC) has 100 million shares of $1 par common stock authorized. The transactions below caused changes in CCC's outstanding shares.

January		4, 2018:		Repurchased and retired 2.80 million shares at $7.20 per share.
June		25, 2018:		Repurchased and retired 3.80 million shares at $1.70 per share.

Prior to the transactions, CCC's shareholders' equity included the following:

Common stock, 79.20 million shares at $1 par	$	79,200,000
Paid-in capital - excess of par		134,640,000
Retained earnings		112,000,000

Required: Prepare the journal entry to record the repurchase and retirement of the shares. (Do not round your per share amounts. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)

• Repurchased and retired 2.80 million shares at $7.20 per share.

• Repurchased and retired 3.80 million shares at $1.70 per share.