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, 2021: Repurchased and retired 2.90 million shares at $7.10 per share. June 25, 2021: Repurchased and retired 3.90 million shares at $1.60 per share. Prior to the transactions, CCC's shareholders' equity included the following: Common stock, 79.10 million shares at $1 part Paid-in capital-excess of par Retained earnings Required: $ 79,100,000 126,560,000 111,000,000 Prepare the journal entries 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.) View transaction list Journal entry worksheet 1 2 Repurchased and retired 2.90 million shares at $7.10 per share.. Note: Enter debits before credits.