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The December 31, 2018, balance sheet of Springer Company included the following: Common stock, 20.2 million shares outstanding at $1 par $ 20, 200, 000

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The December 31, 2018, balance sheet of Springer Company included the following: Common stock, 20.2 million shares outstanding at $1 par $ 20, 200, 000 Paid-in capital-excess of par 101, 000, 000 Retained earnings 117, 000, 000 Springer completed the following transactions in 2018 relating to treasury stock: March 17: Reacquired 5.2 million shares at $10.20. May 17: Reacquired 3.2 million shares at $9.10. August 10: Sold 6.2 million treasury shares at $12.10. Required: 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., 5,500,000 should be entered as 5.500).) View transaction list X Reacquired 5.2 million shares at $10.20. 2 Reacquired 3.2 million shares at $9.10. 3 Sold 6.2 million shares at $12.10. Credit Note : = journal entry has been entered Record entry Clear entry View general journal

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