The December 31, 2021, balance sheet of Springer Company included the following Common stock, 19.2 million shares outstanding at $1 par Paid-in capital-excess of par Retained earnings $19,200,000 96,000,000 107,000,000 Springer completed the following transactions in 2021 relating to treasury stock: March 171 Reacquired 4.20 million shares at $9.20. May 17: Reacquired 2.20 million shares at $8.60. August 101 Sold 5.20 million shares at $11.60. 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 2 3 Reacquired 4.2 million shares at $9.20. Note: Enter debits before credits. Date March 17, 2021 General Journal) Debit Credit Record entry Clear entry View general journal