Saved Help Save & Exit Submit The December 31, 2021, balance sheet of Springer Company included the following: Common 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 (i.e., 5,555,000 should be entered as 5.555).) View transaction list Journal entry worksheet 1 3 Reacquired 5.9 million shares at $10.90. Journal entry worksheet 1 2 3 Reacquired 5.9 million shares at $10.90. Note: Enter debits before credits. Date March 17, 2021 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet < 1 2 3 Reacquired 3.9 million shares at $9.45. Note: Enter debits before credits. Date May 17, 2021 General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet < 1 2 3 D Sold 6.9 million shares at $12.45. Note: Enter debits before credits. Date August 10, 2021 General Journal Debit Credit Record entry Clear entry Proy > View general journal