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The December 31,2021 , balance sheet of Broncos Company included the following: Broncos completed the following transactions in 2021 relating to treasury stock: March 17:

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The December 31,2021 , balance sheet of Broncos Company included the following: Broncos completed the following transactions in 2021 relating to treasury stock: March 17: Reacquired 4.20 million shares at $9.20. May 17: Reacquired 2.20 million shares at $8.60. August 10: Sold 5.20 million shares at $11.60. Required: Assuming Broncos uses the cost method for treasury stock, prepare journal entries to record the foregoing transactions on a FIF 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).) (Please follow above instructions for entering your numbers and for rounding carefully, see the example provided)

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