The December 31, 2021, balance sheet of Springer Company included the following: Common stock, 19.6 million shares outstanding at $1 par Paid-in capital-excess of par Retained earnings $ 19,600,000 98,000,000 111,000,000 Springer completed the following transactions in 2021 relating to treasury stock: March 17: Reacquired 4.60 million shares at $9.60. May 17: Reacquired 2.60 million shares at $8.80. August 10: Sold 5.60 million shares at $11.80. 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 Reacquired 4.6 million shares at $9.60. Note: Enter debits before credits Date General Journal Debit Credit March 17, 2021