TB Problem 18-155 (Algo) 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 1.20 million shares at $8.20 per share. June 25, 20211 Repurchased and retired 2.20 million shares at $2.20 per share. Prior to the transactions, CCC's shareholders' equity included the following: Common stock, 80.20 million shares at $1 par Paid-in capital-excess of par Retained earnings $ 80,200,000 176,440,000 122,000,000 Required: 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 View journal entry worksheet No Date General Journal 1 January 04, 2021 Treasury stock Cash 2 June 25, 2021 Treasury stock Cash Debit Credit 9,840,000 9,840,000 4,840,000 4,840,000