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I need help with both please due in 1 hour E connect Intermediate Accounting 302: ACCT 302 01 Fall 2017 ACCOUNTING Chapter 18 HW Question

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E connect Intermediate Accounting 302: ACCT 302 01 Fall 2017 ACCOUNTING Chapter 18 HW Question 6 (of 25) 10.00 points The Jennings Group reacquired 2 million of its shares at $54 per share as treasury stock. Last year, for the first time, Jennings sold 1 million treasury shares at $55 per share. By what amount will Jennings retained eamings decline if it now sells the remaining 1 milion treasury shares at $51 per share? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10) million 20 a LL 4 ab

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